RE:RE:RE:RE:RE:RE:You cannot beat TA!Money10179 wrote: Money10179 wrote: Marcel7 wrote: Perhaps not, but his appearance came at an odd time. Especially saying initially he is long and has been watching on the sidelines, and then suddenly is telling us the TA is extremely negative? Well if you are shorting into all the bids and knocking them out, guess what? The TA is going to look pretty negative.
ruben12345 wrote: Marcel7 wrote: Total BS. A chart only tells you what has happened. Not what is about to happen.
You use the chart to speculate. If it goes the other way you then come up with a new chart to describe the price action (or alternately say the chart has "broken"). It is pseudo-science at best, deception at worst.
What I know is this. You show up a few days ago spouting doom and gloom. And then are yelling at people to sell now? You are a short. No doubt about it.
Noone worth their salt trys to tell people what to do outright. You are trying to spread fear.
Again, I would caution against selling to the shorts at this price. They will gobble up your shares and be gone and you will miss out on the snapback.
Money10179 wrote:
The chart is a visual interpretation of price action, when the chart tells you "look out below!" you have to listen! Or you lose money!
MArcel, an you confitmt his is shorts? Not so sure
I am not short, I have been buying since $30.99 (first time oct 22). i studyied the charts on the weekend with no emotions involved (as much as i like the company!) and everywhere i looked the chart was negative! some puts are balancing my calls (as my calls are now down)
someone quoted me last week saying "rbc is still buying", etc.. and that the recognia events were based pre earnings and that has changed and analysts were still buying. Just answer me this, who do analysts serve? Def not you or any retails! they will always mislead you to get what they want!
Sorry, last week??? You mean some time Friday when you joined and started off by saying RBC had this going to $18-$24?