Concordia Healthcare Corp. T.CXR.R

You cannot beat TA!

[Money10179]

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!

[Marcel7]

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

[ruben12345]

MArcel, an you confitmt his is shorts? Not so sure

[Marcel7]

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.

[Money10179]

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)

[Money10179]

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!

[Marcel7]

Sorry, last week??? You mean some time Friday when you joined and started off by saying RBC had this going to $18-$24?

[Money10179]

who do you think does the majority of trading? Computers! what do computers do? Follow algos and patterns(TA)! barring any announcements or good news, this will trade with the current trend until that trend changes. We are now in a downtrend

[Marcel7]

Dude, if you think that the algos and hedge funds follow patterns then you are an idiot. The algos trade so fast and make their pennies before you even SEE the price of the stock fluctuate due to co-location. After that, I guarantee you that they use sophisticated stochastic or probablistic models that have about as much to do with your so called "charts" as a childs drawing to the

[argentia77]

Exactly. And their profit of pennies/share a day are almost risk-free, which if they accumulate to even half a per cent /week could amount to gains of 25%/yr. They can play with a $billion and, well, do the math.