Carl,
well, I'm not a technician... and I never claim to forecast price movements based on TA. I have a friend who is a pure technician, and has taught me a lot about trading, and he said the biggest mistake people make in technical analysis is attempting to extend the lines, fwiw. now having said that, I still think the price usually tells, probably because I also think somebody(s) somewhere with more money than I always end up finding out first. second, I think ta would be worthless on this stock... the volume:float ratio, if I've got the right numbers, tell you this stock is being flipped constantly. sorry I stepped on your toes, I was just wondering if anyone had any real news about what is going on. Good luck all. |
