Replies to post #7892 on Gifa Inc (GIFX)

[DeliverySuccess]

FRFS

lol your logic is flawed.

no one said charts affect news releases/fundamentals.

we say that news affects charts which affects traders decision.

NEWS--->CHARTS--->TRADERS

the fact that charts doesnt affect news has no bearing on whether charts affect traders.

also, news is not the only thing that affects charts.

charts in and of themselves affect charts.

so the fact that charts affect traders and are affected by things other than news, it is a logical fallacy to say that news is the only thing that affects traders (proof by counter example)

[CHIEF-RISES-ABOVE]

Trust me i have no problem worrying about 1 variable that trumps charts, any TA trader will tell you the same thing. You also need to keep in mind i am in from bottom bec of charting before any news or tweet comes out so even if it has a negative effect on price i am still profitable when i go to sell. Also many times those tweets or news send the price even higher. It is a win win situation. lol

[BlueRayn]

You still sitting at 0.0095 bid? Sometimes these things just don't work out for low bids.

There are a few ifs here, but bottom line is if they file and their current company value (GIFA) is high...this will springboard north.

$FRFS

Cheers

[ForReal]

I always thought about chartists this way.

There are many who trade stocks as chartists.

They all pretty much see the same thing.

When a chart gives a buy signal, the chartists and others that follow them, begin buying the stock.

The stock goes up thereby verifying the validity of using charts.

I always thought charts were a self fulfilling prophetic tool and act pretty much like a news release at times.