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Stock_Spike

01/30/11 1:25 AM

#128283 RE: Kooka_Duke #128282

Well that explains everything now doesn't it.
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pro-trader

01/30/11 6:45 AM

#128294 RE: Kooka_Duke #128282

well lets see pimp ing
suddenly your prediction with the chart is that, it shows we are going to drop to 015??????????
it also shows you bad drilling results????
and why would that be a good entry point than???
if it is a reality
what if with bad results we get a great news about something else or the results are good
than what happens to that chart saying 015 BS ?????
charts are created by traders in the market
show me a chart that is not drawn before market
charts get drawn right after close right???
how about manipulation/paint at close????
why do you think when a OTC company gets up list to major exchange they follow the BID and not closing price ??????
because the BID can not be manipulated but the closing price can be
and that is where the chart gets drawn
I am not saying that charts do not show you trends
sure they tell you the trend of a stock
but predicting an entry price that suit some is ridiculous
but what happens is the inexperienced falls for that and others benefit from it
and what happens is they became suddenly correct
NO such thing of 015 cents for KATX
if on lack of news or bad news drops it might even go further down
but drawing/calling an entry point for some is not right period
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pro-trader

01/30/11 7:31 AM

#128295 RE: Kooka_Duke #128282

BTW, tell me if your chart predicted if this was or could have happened too
it can very well happen with KATX but takes time and not CHART reading

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