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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG -- Ignore unavailable to you. Want to Upgrade?


To: Tommaso who wrote (25388)1/27/2011 7:40:36 PM
From: Kayaker17 Recommendations  Read Replies (2) | Respond to of 48092
 
<< I have no apologies for being an unrepentant fundamentalist and for thinking that chart analysis is completely useless in predicting what a gold mining stock is likely to do. >>

Uh huh. This from the stock market wizard who thinks that "investing" for several years in a leveraged gold ETF is a smart thing to do. Doh.

Message 27031868

How's that workin' out for ya dude?

Though I suspect most folks are not good at chart/technical analysis, it is hardly a "stupid superstition".

The late Zev Heed posted daily trades based on technical analysis here on SI for many years and made a consistent killing. Few (if any) folks had his understanding of the technicals or could duplicate his performance. He sometimes missed major market turns by a matter of minutes.

You don't understand technical analysis? You think it's stupid? That says a lot about you. It says nothing about technical analysis.