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Krispy Kreme Doughnuts, Inc. Message Board

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  • delaurenthis delaurenthis May 26, 2004 4:35 PM Flag

    Keep barking Short Dogs;

    We may be 11+ Gann points from your target, but we are also just 65 cents from the 3-year low.

    By the way, just curious, what would make you think that you were wrong and the Gann magic won't work this time? How low does KKD have to sink?

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    • If I'm expecting an explosive upward move and it's actually going down; it will become evident fairly quickly. A chart can hit the highs and lows in the predicted time spots and form a very different looking chart. That's why it is not visible to the untrained eye that there is a pattern to the whole picture. Otherwise, anyone could see it, predict it and make money on it. That would destroy the markets.

 
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17.54-0.60(-3.31%)May 5 4:03 PMEDT