Replies to post #110632 on Fannie Mae-No Politics (FNMA)

[10thMountain]

It's a FACT that the chart is showing a slow and steady down trend....Face it....and knock off your mindless pumping....

[ClayTrader]

since the beginning none of 1 chart prediction was correct.

This is just as FALSE as it gets.

To prove this is false for anyone interested, here is an article: http://bullwarriorstocks.com/index.php/post/hey-remember-this-fnma-trade-alert

In it, I specifically talk about how if $.95 was broken the chart could really get exciting... and that's EXACTLY what happened.

[detearing]

I like the charts, as a licensed architect in 38 states; however, they tell you what happened and can give a better educated guess for the future...no way are they able to predict what will happen for any stock...if that were true, the computers that play chess and can figure out very complicated problems would be running the show...they are not, humans are...and with these stocks, no one can predict...look at what happened to AAMRQ - charts did not call that...they did not call GGWPQ, CAR, CZR or any of the other stocks that I made a ton of money on...DD is KING...especially for stocks such as these...

I did use the charts successfully on BA and for the Shanghi Composite Index Jan of 2013...

Looking at charts alone is like constantly looking in the rear-view mirror and never looking at the road ahead of you! It can give some clues, but come on nowzzzzaaa....

[the Clampetts were flipped off by an irate motorist]
Jed Clampett: Now why you suppose he's doing that?
Jethro: I reckon that's how people wave hello in Beverly Hills.