Inovio Pharmaceuticals Inc (INO)

[Everywhereman]

The fallacy of technical analysis is hi lighted by your statement it could take one week or two months to happen... That is in no way helpful. Also TA also does not guarantee it will happen at all so I cannot reasonable sit on the sidelines and wait for it to happen.

We have seen many people come on this board and say exactly the same thing. I believe (but have not checked) we had Miamigent saying something like that in December? The other members of this board have better memories than I and will fill in the data.

When I invested in Inovio not only did I not worry about TA, such a tool was not even available as the company was private at the time. Imagine where I would be had I waited for such a tool. Nowhere is the answer.

Fundamentals are the only real reason to invest in a company. TA can be helpful on your entry and or exit. TA can help you with trading, but no more then momentum and insider buy/selling. I entourage all to learn TA as it can be helpful. But never forget the fundamentals even if you are just trading they can bite you. I have forgotten more then I know about TA as I took a course on it back in 2005 and discovered much to my horror that using TA made me much less money then just using my gut making fundamental based trades. This is not true for everyone, and it never hurts to have another tool.

Tom