Replies to post #890 on ENDI Corp (ENDI)

[YankeeAce]

Not sure I would call that a head and shoulders but I kind of see what you are getting at. The head and shoulders formation has historically been a weakening formation according to what I have read. IMO though charting formation like that one is not the same as charting a big board stock. The only thing really reliable as far as charts in penny's seems to be the general trend. Some other TA factors are more appealing.

[bones1420]

lol gif, now yer a wannabe-chart-master...back to fundies, ok, pre-market today, in the #1 current global news-media event, the Iraq-War...the #1-bad guy was eliminated and a #1-GOOD-GUY was installed, the defense-minister!

so consequently the broad-market dumps off...too much...you can read charts or read alice-in-wonderland, but it would be futile to ever get a grasp on the mentality of the herd!

p.s. almost one year ago, we lost most of a major city and the market-herd salivated.

abstract into absurd, like reading a book upside down!