lowtrade,
good lead into a bit from the latest book i finished reading--old knowing, but here it goes:
stated simply, a question can be asked to an individual on two seperate occasions(words were rearranged on latter occasion not changing context)...there is only one correct answer, but said individual will give two seperate answers(one correct,one incorrect) to that same question..thinking that they are two different questions
put that into perspective with gtel and technical analysis---you have the gtel potential...the volatility...the NASDAQ COMP indice...the market makers...the day traders..etc..---fundamentals can be skewed in their financial reports yet charts with all their indicators will still be given at the end of the day....only the interpretation has the possibility of being incorrect(a false positive per say)
being a novice and on the learn(till the day i die)..i've felt that one should only use a few indicators for clarification..i stand corrected for now i have been introduced to many more in the real time--(i.e. DMI)...read about it...looked at it...but it's never been represented to me in the form of a stock i owned(gtel)..in real time--hopefully gtel will be a great one to hold long(majority hold/minority trade maybe) ...giving all of us the opportunity to apply TA in new ways... mm patterns ..etc...
best of luck to all...sinc,
bill
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