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jonesieatl

09/02/05 2:48 PM

#33241 RE: pennyheaven #33240

Penny, from low to high last week

NEOM "popped" +40%.

The charts predicted that. You saw it here many times.

We are closing higher today than we opened on Monday of last week, by around 10%.

That is UP.

Like you and others have been saying, stocks go up and down.

Traders make profit on every swing.

+40% in a week last week, nothing to sneeze at.

Longs are enjoying a nice long slow overall rise over the last 12 months or 6 months, while NEOM builds its future.

Where do you get your "oh yeah it went down"?

I haven't seen anyone more negative than you lately, on any stock, short of someone who is a basher. JMO

jonesie
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lesnshawn

09/02/05 2:56 PM

#33242 RE: pennyheaven #33240

pennyheaven: Not necessarily. Someone I know (fellow online investor bud) read his "tea leaves" and they told him it would possibly retest the lows before shooting higher. Looks like his charts told him right.

Just start learning them if you want to understand them. That's my plan. I'm not there yet and got a long way to go.

lns
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Zacked

09/02/05 9:26 PM

#33282 RE: pennyheaven #33240

I agree. They are not as smart as they wany everyone to believe. So sad.
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beacon27

09/02/05 11:57 PM

#33305 RE: pennyheaven #33240

Penny. The thing I have learnt about TA is that it can be useful in the absence of news. Of course NEWS is NEWS, so peolpe will react to news, good or bad. But its not an exact science.

Just dont expect TA to be some kind of surrogate promise. It can be used to spot trends to some level of accuracy, and often it is incorrect, but aint that life baby?

Some people believe in Genetics, some in environment whereas I believe in a hybrid of the two.

Some people believe in Buddha some in Jesus, and some ...... hang on, my internal alarm went off...let me download the warning message

"...Mr Beacon, you are about to make a political-cum-religious comment ... proceed to your detriment and risk of being ex-communicated from iHub"

Right. Look I better go now. You get my jist!!

xx
Beacs