GREY:SLKEF - Post by User
Comment by
millrighton Mar 20, 2008 1:10pm
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Post# 14754669
RE: ISM Interesting chart..........
RE: ISM Interesting chart..........wailer,
Would you fall in the category of those who follow and comprehend? You say to put the dismal volume with other technical indicators - but you don't finish off the thought with a conclusion. Do you mean that the falling volume is an indication that there are few buyers to curtail the accelerating price decline, which is now exceeding every moving average you have chosen? And are you referring to the same technical indicators as my source, who has seen nothing but negative [that's the same a s bearish, wailer] short term indications for at least a week - he says the indicators intermediate and long term have also been negative. So am I right in assuming that you are saying that the lack of interest and poor technical indicators signify an obvious negative outlook, you just can't bring your self to say it? Or is the lack of a conclusion an out, so you can't be accused of another woefully wrong analysis?
I am glad that you've finally learned that those with a short position may be worth paying attention to. You and Abie used to portray them as idiots that would get crucified when the wisdom of the Stock Dividend and restructure became evident to the unwashed. If I understand how this shorting thing works these people you and Abie identified as unschooled investment morons sold ISM at $5, $6 or even $7, and are now buying it at under $2. Is that right? Geez, looks like a hell of a return to me - some morons!