Johnnypc - Speaking of charts, looks like we could only be a few days away from the Golden Shower - not exactly what Mr degrasse promised with his one sided Golden Cross / Breakout chart show a few months back... ... ...
Unfortunately the Degrasse character seems to have fallen in love with his stock and can only see movement in one direction... He's sold on these TA indicators and rather foolishly promised there will be no further placings !!!
BEWARE UBER RAMPERS ON ANY STOCK
Johnnypc - better to ask degrasse if any of his twitter pumpy charts have worked out to date... I suspect he will continue on his Breakout/GC vein until one fine day 6 months/12 months down the road the SP may recover and will claim it was all in his charting...
#AmateurTAExperts
Unfortunately johnny - some of these amateur TA experts forget to consider the flip side - they only see sp movement which suits their desired bullish bias and fail to mention the the sp could actually go down...
Twitter guy needs to take a step back and re consider his erm charting advise to encompass the flip side...
Not sure if any of the twitter guys erm chart predictions have played out as he predicted...
Maybe it's time to include the flip side of the coin in your TA - don't be scared to include that the SP could also go down if your Rampy predictions don't play out...
Oh and kids - don't ever fall in love with a share... ;-)
degrasse, - you quoted previously on 5th September that a breakout was very likely after a 2 week consolidation period... (Didn't Happen)
Are you the same David Card from twitter who has been shouting BREAKOUT & now GOLDEN CROSS for the last 6 weeks?
If so then you should know that the art of TA is only an indication of what might - or might not occur - but according to the DC character and his Rampant Tweets - It's Nailed On advise...
People lose money too often listening to these Uber Rampers who only indicate a SP can only go up...
Might just be a Golden Shower - and you get ****ed on again...
On a more serious note - i'm not seeing any major trading volumes today to suggest the GC is going to be a boost for the SP?
Some twitter people been shouting BREAKOUT every time the SP gets close to the top of our 3 month sideways consolidation channel...
BREAKOUT guy on twitter now shouting GOLDEN CROSS... LoL...