It seems to me that tech analysis is useful in that it provides another indicator of where the stock is headed either up or down. What these guys are doing is not tech analysis it is hype and BS. Comment on the big market- I cannot believe how strong it is considering the news and pounding, at this point I am leaning toward those who suggest that the dip bottom if not close is going to be shallow from here BUT BUT BUT since the fed has basically opened the flood gates on money generation we are going to have inflation like crazy here shortly. It would be ironic if that bailed this outfit out.
Don't for the "pyramid" on Larry's posts. He kept referring to the tighter and tighter range. All the promoters were saying, this is the "rubber band" actions that will eventually "snap." And when it "snaps, we feel it will be on the upside."
Err, uhh, umm, did they mean to say downside? Well, no matter how you look it. In the end, stock promoters proved their worth again -- USELESS.