Searchlight Innovations Inc T.SLX

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[fabdaq]

the last time ron meisel was on bnn (keep in mind his former top 3 pix were atrocious) he described what TA's call basing as something I never heard before.  I believe he called the end of the line (like where the stock was presently at) as a variant point and that the stock had a possibility of either turning up or down  He mentioned this term about 4 times during the show .  This was only on former basing line type stox but I LMAO.  Either up or down - NO FN kidding!  I have always been intrigued by them but I confess I think they r useless.  On one episode of market call there was a guy who was going to explain/teach us about technical analysis but he prefaced the show that he was only going to give a little bit of info due to time constraints and warned that a little info  often does more harm than good.  As soon as he said that I admired him and knew what he was referring to.  Imagine me thinking I finally got a grasp of this wonderful hocus pocus and using this knowledge to help me pick winning stox.  I immediately changed the channel.  PS Chipshot your comments always seem bang on "r they trying to scare us out of our money" - ALWAYS!  But one of my first posts here alluded to any thoughts of the hockey stick like patterns of the silver stox.  Don't have to be a chart reader to see that this could be a problem in the future. glta!