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friendlyfred

11/02/05 7:37 PM

#30345 RE: mastaflash #30340

Regardless of whether a stock is on a major exchange or the otcs, the patterns are still the same. Obviously there are other things that happen a lot in otc land, surprise dilution, crap financing, etc but supply and demand are still readable and most real traders wont touch a stock with a bad chart. Its all a matter of pattern recognition. Imo most people I read on these boards could have prevented a lot of bad buys had they looked at the charts and saw that they were buying into down trends.

frankie_fillet

11/02/05 8:01 PM

#30346 RE: mastaflash #30340

thats what they all say but charts work.... unless I have been lucky. Even sharpies like Bill Pannetta will tell you they work. Granted you don't look out 2 years.

FWIW

real