Another rebuttal against the TROLL-caller and in favor of Sir CM
Look at the chart of the ticker AI.
Sir Fully disagreed with Sir CM and asked him why does he even bother about such names.
Sir CM called the bottoming of AI in the 16-17 area
Do I agree with Sir CM that AI will not go below 16, regardless of the stock market tanking or not? NO.
I’m invested in AI and yet I don’t think it has bottomed. May be, if it retests 16-17 I’ll but it again.
But today I’m regretting not having bought it at 16.79, 5/3/23 intra day low. It hit 20.59 intra day high today.
Show me a way of hypothetically making a cool 22% in a calendar week, eh, Sir Nightingale?
The call by Sir CM could be “trolled” just like people laughed at Jim Sinclair’s bet that gold would trade at or above USD 1650 in Jan 2011. It happened in Summer 2011. But he called it YEARS in advance.
Get it now?
GL
“But he called it YEARS in advance.”
“? Timing is everything
? Early is wrong, late is wrong”
Drukenmiller’s investing rules.
https://twitter.com/TheShortBear/status/1655962144607809539
We are all on the same team…We all have different skills
Thats a good thing
I have to agree with Sir Nightingale. It would be nice to see a chart with some lines on it from the ‘master’. All we get is hyperbole. Who needs that? One read of a guy like Armstrong is all you need to distance yourselves from the thousands of analysts with an opinion.
Sir Hermit,
I agree somewhat with you.
Posting a chart with lines, squiggles, forks, arcs, bowls, indicators is an art yes, and would give brownie points to Sir CM (no racism intended towards anyone with brown skin, LOL) … but a right call is a right call.
GL
Yes, of course, but how do you allocate capital to an opinion? Speaking always in an exaggerated/outlandish way either about one’s self or the trade without any TA justification does not qualify an actionable set-up. It’s a fools game.
Sir Hermit,
Sir CM already spoke my thoughts/reply to your last reply here:
https://goldtadise.com/?p=580387#comment-119888
Have you ever noticed the exaggerated/outlandish moves of the Wiliams %R indicator? That’s where money is made.
As Williams % R approached the -20 to 0 area, AI could top at any time in price.
As Williams % R approached the -80 to -100 area, AI could bottom any time. In the recent two weeks, Williams % R bottomed ahead of the price bottoming in the case of AI.
I believe or rather hazard a guess that Sir CM does look at this indicator, among others. He RESPECTS the TA expertise of GoldTent members to not post the chart-porn, repeatedly, as some websites call it.
Another example : SZSMF:
If you need another example, I based my (cost average down) buy of SZSMF yesterday (price 0.234, time 15:38 Eastern) upon looking at the sharp down movement of Williams %R indicator. It also helped the candlestick chart was approaching the lower Bollinger Band. In three instances since June 2022, SZSMF rebounded very strongly after the lowest intra day price fell out of the lower Bollinger Band.
This is what I “call” allocating “capital to a call”.
The chart is calling for it.
The BBs have not contracted as much as they did in May 2019 or the Covid crash.
Thank you for your patience and respect.
GL
GL,
In one post, you just provided more justification for a buy recommendation than in all of CM’s posts combined. Dont’ speculate on what indicators (Williams %R) he looks at though. HE NEVER SAYS!
Best,
Hermit
Posting a ‘buy’ on several ‘Ai-stock’ (on a TRUTH/PRO-LIFE-forum) is initiating and/or inviting other ‘members’ to invest in a WOKE anti-human company. Any poster doing such is trolling forum-members to engage in something which goes 180 degrees against the non-TA content being presented at this excellent site. CM is NOT on the SAME TEAM. He is poisonous for Truth – He is poisonous for Investing. IMO
Once again you have proven you are clueless. T/A doesn’t care about your, mine or anybody’s OPINION about whether a company is “anti human” You throw around terms about fraud, woke, poisonous etc. and yet YOU are the only one here guilty of such behavior. That is why I ignore your posts and don’t engage with you in comments unless you make ridiculous baseless personal attacks as TOLLS always do.
‘T/A doesn’t care about your, mine or anybody’s OPINION about whether a company is “anti human”’….
Well IMO … as far as I understand this type of site and the information it lays out as well for a certain type of public then this site is about PRO-LIFE in a broad way … but you are as WOKE and poisonous not only once but twice presenting companies to trade (eg. invest) which are all about DEATH. #1 IBM and #2 Ai-type of company.
I do not care about you nor that you read my posts BUT if NO ONE has the guts to address you being WOKE and mislead the rest with your DEATH-investments and along with former complaining posters addressing your woke charts (opposite of your handle) then I have my glory by doing so.
So you say you are 60 years into chartology which makes you say 80 to 90+ years old … what the freak do you care about investing in miners for the long haul. Sounds more you are lying here as well. I remain my stand you ‘Chart student’ are in my view WOKE, poisonous and PRO-DEATH. You have nothing to do here unless …. you are a TROLL.
Thats enough name calling Nightingale
I woun’t tolerate it any more
YOU started this bruhaha and you keep doubling down
There are NO trolls here
I have vetted everyone who posts here
NO MORE Of this vitriol !!!
Period !!!