Replies to post #214037 on Amarin Corp Plc (AMRN)

[FlyFishingStocks]

"Does it bother you that back-testing of TA indicators show that almost all of them fail to beat the SPY?"

That's freaking hilarious! I guess it depends on which you use and how many are in synchronicity ;)

SO a bearish cross or spinning top by itself is not something that you should just trade on.

I agree. BUT a bearish cross or spinning top combined with a rising wedge, a bearish MACD crossover way above the 0 line, narrow trading range, low volume, and overbought conditions beneath falling support makes a GREAT trade. It's a game of stacking as many variables as possible for trade structure/success.

seems like you don't do a good job on the AMRN analyses and are constantly pointing out Technical signals and attaching big meaning to them despite that proven to be a negative ROI approach.

You certainly are entitled to your opinion.. haha.