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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?


To: Claude Cormier who wrote (124642)7/22/2008 2:00:13 AM
From: Proud Deplorable  Read Replies (3) | Respond to of 313969
 
Sorry Claude maybe you mean charts work in juniors who are not currently in the middle of a drill program where news can affect the share price in an instant? I'm sure that's what you mean? I would agree with this of course but there is no way charts would have been useful in the GXS play Monday. Unless of course you are saying that weakness in the share price on Thurs and Fri last week was because someone leaked info and sold a few shares those days. If this is what happened then the only thing the charts would have really said is that there was leakage and criminal activity as a factor.

So, morally, is it right to claim a chart predicted a criminal activity (insider info) and to trade it and then suggest that charts are accurate in this kind of play? No way.

I got into GXS from advice from a lady in a liquor store who happened to be right until yesterday but hey..its not over, just more interesting and riskier