RE: RE: Well I hope that some of the newerWhy am I here? Just like you...to make money.
I trade INT. People post their opinions here about why it should go up, why it should go down, the fundamentals...I post about Technical Analysis...always have,...always will.
You know who I am, so you know I say it exactly how I see it.
No hidden agenda at all as I lay my cards on the table all the time.
Last week I stated the trade was to be out on the fail of breaking through $1.23 and to watch very carefully to see if $1.09 can hold.
I was pretty upfront and have always been upfront in my analysis.
So now when looking at the charts today, I see the $1.01 and .87 support lines looking at the Fib lines.
I also have traded stocks enough to know that MM's know how the charts work and the mentality of the average trader and that they can work the system to encourage things to go their way.
I also know, and most should know that when a stock typically closes on its low or high, it will gap the next day.
So...no agenda, maybe a little education for the novice investor.
I hope that answers your question.
Mediascan