Searchlight Innovations Inc T.SLX

RE: RE: RE: RE: RE: RE: SH Ghost Town?

[Bogapet]

I am in for 2 tranche's - calls -  one WAY to early and one at the close.
SPY's and QQ's. Just a QUICK trade! Still bearish.

Cramer screaming - BUT THE EARNINGS ARE GREAT! What a moron - past earnings and guided down beats!
And JC said PIIGS don't matter. Madoff's twin!

Can Gold and Silver trade up if the $ continues to rally? This is a perfect storm for Gold.
So...?? Will chart monkeys knee jerk - sell gold if $ rallies?

MudCreeker

TA - A method of evaluating securities by analyzing statistics generated bymarket activity, such as past prices and volume. Technical analysts donot attempt to measure a security's intrinsic value, but instead usecharts and other tools to identify patterns that can suggest futureactivity.

It is JUST a TOOL. If you are an investor and see everyone talking about levels/support/resistance and those same
people buying and/or selling those levels? Ya might open your eyes. And the black boxes that are most of the volume today? Think they are programmed for Fundamental analysis? Pleeeze.

If i own a stock and/or index i like to see how it has traded in the past.
Just a tool that is an extension of PRICE and VOLUME. For me TREND, PRICE and VOLUME says it all.
You don't think past performance of any stock or index means anything.
I think it CAN.

We differ. Fine.

And Fundamental analy? You believe those #'s from co's?

As posted earlier you could see this coming. I've been in bearish ETF's for weeks.Financial media trots out their PERMA BULLS - OMG!

But when CNBC has a special " MARKETS IN TURMOIL " show it normally means a tradable bottom is near.

If GOLD tanks...we're all DEAD!