Replies to post #43497 on Imagination TV Inc. (IMTV)

[dbcrim]

nks for your assistance, we all very much appreciate it!

[linfs3]

After 35 years of TA experience, I now know that all that TA indicators do not help me at all. Often times they gave false misleading signals, so i gave up using those TA indicators all together. Yes I did look at your charts, in one second, I know it won't help me at all. If your charts tell you to wait for $0.01-0.017, then gltu.

Fortunately the majority of this board are doing their DD using FA, so they will be OK, bc their FA will eventually bail them out in the long term. For short term trading if conventional indicators work at all then 90 % of the traders will be super filthy rich; which is not the case and won't happen at all.

I have accumulated 1 million shares of ICPA so far and intend to buy more using my trading entry/exit system.

Regards

[Arbuckle]

David, lemme axe you something if you dont mind!

If ICPA doesnt go down to the 84, is it possible that we hit bottom today? I believe we have a hammer formation today. I understand that the MACD hasnt turned yet but i dont think a stock needs to hit extreme oversold conditions before bouncing back, esp in Pennyland.

I see youve been catching some guff for your predictions but im not here to bash. I respect good TA and ive been messing around with some indicators. Slap a 19 day MA and a 32 MA on the ICPA chart (non log scale). There was good support at the 19 day before the recent drop and good support at 32 after it. Personally, i dont see it dipping below the 32. What do you think? TIA

Disclaimer - I believe once news hits, all the TA can be thrown out. But its fun to speculate and practice TA while we wait!