"Technical analysis is not about prediction"
Generally, that's true, Michael, but Perfect Trader Inc. has reduced the predictive approach in TA to its essence, and then marketed that essence to subscribers, with no small degree of success. Perfect Trader calls it Wishful Thinking©. Yes, that's what most predictions are all about, but that hasn't stopped Perfect Trader from copyrighting the notion and cornering the market.
Perfect Trader's Wishful Thinking© target for MOT would be the 52-week high of 56.19. Perfect Trader analysts don't care whether they're wrong or not, because they don't own any shares of MOT. They rely on commissions, double billing, front-running, etc., for income, of course.
Also, visit Perfect Trader Inc.'s online store for associated products, including its popular cologne, Wishful Thinking ($250 a fluid oz). "The phone might ring tonight!" |
