RE: TA and probabilities.My post wasn't really intended to be critical just curious at what point the TA becomes more or less reliable. The suggestion that anything learned from TA prior to drilling might be relevant was what piqued that curiosity. To me that would be a real crapshoot. Until the drills were turning and there was the potential for a leak that would lead to change in the trading and shareprice- as we saw on Friday - I simply couldn't believe in any early indicators. I do follow some of the TA but I believe that like most things there are some that are true indicators of trends and some that are near voodoo. I guess the admission by some posters that it works some but not all of the time with junior exploration companies is bang on. I wish there was a way to put each part of TA in perspective while considering the fundamentals of any given play. That would be most useful. Obviously some TA criteria relates to long term trends and others to short term. With plays like GXS I would guess that it would be hard to nail down many indicators.
JMHO.
Crocky