Ryjo,
Back to your question yesterday about charting. Myself, I don't base much of my investment decisions on charts, but I do glance at them occationally.
My thoughts are that, "more often than not, they become themselves based on those who believe they actually predict the future"? Make sense...
If I'm making an investment it's usually always based on what is occuring with the company, but if I had to look at a chart to give me a decent idea of what the market is thinking...
I choose to always use the gallery at www.stockchart.com, and only glance at the "weekly". The rest to me doesn't really matter because I'm not really a flipper or trader.
I look for two things in general as part of my research for investments. Can and will it go up in the short term, and can and will it go up in the longterm.
Ultimately Genta hit every aspect I was looking for when I created my position months back at .085-.012, and I'm pleased at this point in time.
(If anything they are starting to exceed the what I look for before investing. I base my moves on about 10 specific items while doing my studies.)
Best Regards, Bernie
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