NeoMedia Technologies, Inc (NEOM)

[chartist1]

OT: inforit1....your point

was that "I was wrong at every turn". That showed me that you had either not followed my recent charts suggesting a breakout was at hand (and a buying opportunity was upon us) or you thought that I still thought NEOM was in a week downtrend and a purhase here would be foolishly averaging down.

Averaging down is only when you accellerate your buying on weakness in "hopes" that the stock will magicaly turn around so you can recoup your accelerated losses. As of 3 days ago that no longer applied.

If you want a prediction I will give you one.....

I think the "general" market, Comp, Indu, SPX is likely in for a serious decline and I suggested that about 2 weeks ago using several indicators including the VIX. In fact I think we are just past the turning point from the tops of the general market. Do I know that...no. But I think the probibilites are strongly on my side.

I do not, however, think this will impact NEOM.

Chartist1