Originally Posted by
cjcampbell Good grief. I don't understand how one can completely discredit TA. I am so new it's ridiculous yet last week I was pretty bang on with resistance levels and what would be the ceiling with the lack of volume. Then today I called the closing price within 7 cents. Had I been a little more on the ball I would have taken into account the end of day sell off due to profit taking which should have been a given due to the large rise today, but it was the long weekend and I was, shall we say, groggy. Guess what... all thanks to TA and all fairly accurate. No, I could not have predicted today's surge but that's because people cannot predict the news, and has been said more than a few times, news trumps TA. Well that and I'm just not that good lol. Leave it alone already. Good grief.
Oh... and because you're special and have no faith, I based my closing price today on the Bollinger Bands. Seems they may have a little more influence than you care to admit. Or was it just coincidence?