AI
Thursday, February 27, 2014 2:27:05 PM
Some one asked for an update on FITX
Seems my calculations on how many darkside shares were for sale was wrong. I thought they had a billion left for sale and the last flag pattern would break out to sell them. Also noted it looked free trading, that was correct. The problem is the darkside did not return to sell more, after top resistance was reached, causing the flag break. And the FIBs 50% 1st bounce reached top resistance target, but the dark master didn't step in and manipulate the continuation.
Shows not to trade expectations, only action. I took it off watch with the flag failure. As the retail herd is now left on their own, with no supervision by the trail boss.
Seems my calculations on how many darkside shares were for sale was wrong. I thought they had a billion left for sale and the last flag pattern would break out to sell them. Also noted it looked free trading, that was correct. The problem is the darkside did not return to sell more, after top resistance was reached, causing the flag break. And the FIBs 50% 1st bounce reached top resistance target, but the dark master didn't step in and manipulate the continuation.
Shows not to trade expectations, only action. I took it off watch with the flag failure. As the retail herd is now left on their own, with no supervision by the trail boss.
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