TSXV:AAA.P - Post by User
Comment by
Joker_on Apr 20, 2013 5:11pm
181 Views
Post# 21281084
RE: RE: RE: RE: RE: RE: Joker.... here is a questi
RE: RE: RE: RE: RE: RE: Joker.... here is a questi Steel/Gagger, you think context doesn't matter when you do technical analysis? See below a comparison for the past 6 months between the chart of "Bloomberg World Basic Materials Index" and the chart of Allana. You don't see a similar pattern? Its not a question of distraction. Allana is not an island and when the market decides to do a correction in a sector, like the mining sector right now, 95% of the stocks will get hit. If I would have SAS or SPSS on this computer, I would prove you my point with a simple correlation in a time-series analysis (controling for autocorrelation).