RE:RE:RE:fdfd12 IS HIGHfdfd12 wrote:
One reason only, because technical analysis beats fundamental analysis.
When things go down, it is for a HIDDEN reason. The price is ahead of the fundamentals by 6 months.
Best example, POT (before the mess) in 2008 was 170 and came out with a great report. The stock dropped to 150 the same day. The CEO was on BNN and said it didn't make sense and was PERSONALLY buying stock. POT dropped to $70 before it was annouced that the price of Potash
had dropped sustantionaly.
The CEO ahd no idea and he found out.
CONCLUSION: CXR drops like this, then there may be a problem that the CEO doesn't know about.
Like EPS will be instead of $9 next year, only $4(only an example) cause US comes in and changes the pricing laws and also the WORLD does the same and all these stocks tank.
So much for being ahead of the curve yet it's people like you who constantly babble nonsense and make a big deal out of everything. Don't you realize that you are feeding your own bad luck ? Nothing is hidden except your rationality. Tell us, as a technical analyst, what all this back and forth has given you? Are you more informed? Richer? Smarter? You wrote that your analysis of choice is superior. I'd like to see the end result on this one.