RE:RE:RE:Technicals for SherrittIf there is
evidence that there is a surge of supply about to hit the nickel market, or an economic collapse on a global scale that leads to a collapse in demand, well, you've got my attention. Let's see the evidence.
Maxmoe wrote: Why aren't TA analysts all wealthy gurus eating the lunch of old fundy duddy fundamentalists like buffet,lynch,etc,etc ? Answer? TA doesn't work . Fundamentals RULE. Don't fight the fed and don't fight the fundamentals. Supply,demand,pricing,inventories. All very bullish. IMAO.
Maxmoe wrote: Careful, you're close to making an actual forecast based on TA. Using hindsight TA can always fit the curve. Forecast? It's jibber jabber. I wouldn't say TA lies, I'd say it has no tradeable predictive power. Aka useless. TA doesn't lie, maybe, but TA analysts do. Or more like an 8 handed economist making so many "on the other hand" forecasts, one is bound to come to fruition.
smallcaptdr wrote: When you open this program go to the window in the bottom right hand side and scroll through it to bring up the technicals. It's rated strong sell. Technicals dont lie. (always DD)
https://www.tradingview.com/chart/?symbol=TSX%3AS