SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Winspear Resources -- Ignore unavailable to you. Want to Upgrade?


To: Andrew who wrote (9983)12/4/1998 4:10:00 AM
From: John Paquet  Respond to of 26850
 
Hey; Andrew:

I was ready to go to bed then I got your post.

Andrew; although your comment is honest and blunt;, it is not quite true. Any TA would assist you in great degree depending which TA you are using. The fact the matter is it worked very well for example as today if you read the postings in this thread of what it happend in our WSP and my TA. Indeed, it doesn't matter the stock is blue chip or penny minning stock. It will work perfectly well depending which TA and how you Do it.

If there is favorable news tomorrow or NR, the ticker would never ever behaved as it had today. Forget about favorable news in the forseeable future, Andrew. Market will tell you everything no matter it is penny exploration stock or big blue chip. THe very basic principle in the market place is 100% similar that is greed and fear. This is all massive collective behavior.

When our WSP displayed that dangerous perpendicular; vertical price line it indicated our WSP moved too fast; yesterday's LONG DARK-BLACK SHADOW IMAGES candle-stick indicated very bearish and today's confirmation of the sell momentum, in fact it has BACK TO BACK LONG DARK-BLACK SHADOW PATTERN, indicating a sell signal. I can tell you for sure that there is no favorable news or NR tomorrow or in the foreseeable future. Also I SHALL see more sell off tomorrow or next few days.

Having said that; I like to advise that this is purely 100% SI talks, should not use for any investment purpose but only for discussion purposes. Also, not any TA is infallible.

John Paquet