Post by
1keepitsimple on Mar 15, 2024 3:27pm
Copper break
I can't compete with your thoughts on the market as I use technical charts which are good for short term moves. I do not ASSUME any thing as far as what may happen with fundamentals but technical charts can be used for long term. Remember for capitalism to work manipulation has to be involved and by the way my education may be lacking. So why do prices of anything move. Look at who makes the markets for stock prices. When share prices drop the public quits selling so the market makers can move the prices where ever they want to. That tells you that fundamentals could be like AI or CRYPTO. Penny stocks can be manipulated even more easily by anyone until someone sees a op
portunity to challenge you. Tech charts are hit and miss for penny stocks. Market makers don't have to support prices so why wouldn't I take your dollars, that may be where the short term trends occur.
Anaylists have to make a living too, so keep supporting their habit.
This the way I look at markets.
ASSUMPTIONS are a persons most agreed to thoughts may some day they educate the people but then capitalism won't work.
Hey good luck to everyone maybe this gives you something to think about.
Comment by
nofluff on Mar 15, 2024 3:49pm
Well simple. I understood a bit of that:)) I watch charts a bit. But mostly a fun damentalist. I primarily look at real value, compared to other like holdings. Long story short. charts say, ncu away oversold. Comparison value says ncu about a penny on the dollar. I am looking for a dollar sp by fall. Could b more. Could b less. Mostly dependant on copper price. Nf
Comment by
Arminius on Mar 16, 2024 11:41am
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