NeoMedia Technologies, Inc (NEOM)

[chartist1]

inforit1...from "that dude" (Chart attached)

I seem to recall several days ago saying that since we had breached the downtrend line to the upside you could make a case for adding to positions. Did you miss that?

I posted the chart attached below several times over the past week to illustrate that we likely had an upside breakout on our hands.... and what do you know!

Furthermore, I never make predictions, I offer probabilities, so how can that be wrong.

There are many yahoo's on chat boards, and I am used to that, but calling me "wrong at every turn".... well, you seem to have an axe to grind.

Final note: When I said never ever average down just because a stock is falling, that IS correct..but my chart below illustrates how NEOM actually broke above a key trendline and technically presented a buying opportunity 2 days ago which would be buying on STRENGTH. And look what happened!

Averaging down is like going to Vegas as a strategy to make money. You "can' win in Vegas...just like you "can" win by averaging down, but the probabilities are always against you. Who do you think finances the building and upkeep of expensive hotels like Bellagio. Gamblers.

Serious investors are not gamblers and when they buy or short they can tell you EXACTLY why they are making their move at that exact time.

Enjoy your evening,

Chartist1

http://stockcharts.com/def/servlet/SC.web?c=neom,uu[h,a]waclyyay[pb50!b200][vc60][iut!ub14!la12,26,9...