Replies to post #929 on Aurora Acquisition Corp (AURC)

[Trops]

Hey Rue,I use both technical analysis and in this case fundamental outlook based on reserves/monthly production.There are different types of investors/traders.I see the traders looking at the .15 as a breakout point.I see the fundamentalists using reserves/production to fuel higher prices.We are both right in this case.The technical people will play points up to .15.The fundamental people will accumulate on pullbacks.After .15 the technical people will say blueskies and with news us who also use fundies will have justification for much higher prices.Every once in a while both techniques work and evolve into one.Bob

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OT: Ruellit...

you obviously haven't understood any information in the link you just sent me.

For anyone studying or wanting to study technical analysis - take an example from this guy as to what NOT TO DO. To take a well-known pattern and brainlessly apply it where it doesn't exist.

I have carefully documented and analyzed over 700 OTCBB/PINK stocks, that gained 100-5000% over the span of a few days to weeks, since 2001. I have been collecting, and dissecting them for 6 years (while treating hospital patients in my daytime job).

And without giving away 6-years worth of work, I can tell you that the OTCBB is an organism on its own. It has its own technical patterns - some of them common to nasdaq, but many of them not. Many of the biggest OTCBB runs have pre-run patterns that have never been commented on or published (that I know of).

I_like_bb has minimal technical knowledge, BUT is a skilled and experienced trader/daytrader. His "channels" (just like your wedge) bring tears to my eyes, because often they are pure non-sense.
This is because none of you has probably ever studied the BIG runs intimately, which, IMO, is the only way to master Technical Analysis trading in the OTCBB.

What separates the amateurs from the pros is being able to predict runs, and not draw all sorts of patterns in RETROSPECT, as you've done.