I have to draw the line at this comment and take up for cool. Cool ended his chartting well into the pennies of this stock when he saw it was going down. That was pennies ago! He did not trend it to .003. Second, he is no fool. I make more than 33.5% per year in the major market every year. Sometimes 130%. Yes, thats with large cap stocks. Guess what i use? TRENDS! Elliotte wave theory, Fibonacci, and planetary cycles. So if u call him a fool, then i must be one as well. Ill tell you what. If you dont believe this stuff works, do a trend of the full moon and the new moon and trend the S&P 500 with it. You might be shocked. The market , most of the time , heads up or has a slight pop in coming new moons and a drop or a slight dip for full moons. Except for eoy when it usually revereses for two months. I combine all three of these do trade. In fact i just put 300,000 back into the market. I expect S&P to test the 1971 area before rallying past 2000 and creating new all time highs. I Buy stocks that multiply what the S&P does. Ive been doing this for over 6 years and to this day it amazes me that you can predict exactly where the market is going to the number. The only thing you cant predict are usually unforseen anyway and usually large scale geo political items or surprise fed announcements etc. As long as you get it right most of the time, you stand to make a crap load of money. That being said, option 2 "less likely". The S&P falls under 1971 by a point and stay longer than an hour, thats a sell signal for me. It means we will go much lower, possibly to 1950s. Which also likely leads the way to 1900. It even tells you where to set your stop limits. I can go all day about trends and how they actually work. But unless you understand them, then its best not to comment. That being said, you are right about trends and penny stocks. They dont often follow any specific path because there isnt a large enough shareholder base. That being said, there are many penny stock trend sites that alert other investors that jump in when trends start breaking out. So if Teco starts a breakout, which it currently is headed for, then thousands of other investors are alerted. Anyways, no hard feelings, nothing personal, but cool aint a fool... He was actually being nice and devoting his time to treaty. Hes was on our side...
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Treaty Energy Corporation (TECO) Stock Research Links
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