RE:Why few investors can multi-bagHa, ya I've been reading his posts on iii and thought of joining just to comment on his obsession with TA, but WTF do I know. TA certainly has its place and like any tool, if applied properly, it can do an excellent job. But some of us go overboard. It's like learning how to properly use a hammer and then during your home renovations you insist on using a hammer on your plumbing. Well that's just going to be nasty. As many have pointed out (HUB on iii), TA does not entertain any notion of fundamentals, like the FPF-1 still sitting in Gdansk and its immenent sailing to Stella, and the related decreasing of risk once it sets sail. Now that said, I do really appreciate our board TA expert, the PEAK, but I've also seen PEAK post on the fundamentals of IAE, so I pay attention when he spouts forth. Speaking of which, hey PEAK, what's your TA take on the PoO these days. Are we in a period of consolidation or does the TA suggest we are heading lower?