This is intended to be a forum for me to post chart ideas and hopefully receive feedback and stimulate discussion.It is not intended to constitute investment advice.
Tuesday, 6 March 2012
ARM
The breakout scenario I posted some time ago was based on a close above 625, which hasn't occurred.The chart looks to be in danger of breaking down.
Love it...long term six year accumulation base after falling off a cliff and then the mark up. Notice the false start in 2007 and then the washout of weak hands right before the mark up. And...from the base, the theory of a minimum of a 200% rise held along with never sell the first break as the bigger pull is yet to come. In this case 600% and yes $6.25. These are how one truly gets rich if only for patience and then trade like a friggen speculator on the break out of the base. (CropCircles comment)
I've been mulling over how I might present the following: http://rationalinsolvency.com/2012/03/intc030512ew.png Gladly, I can just insert it here without having to venture into any FA!
If ARM and INTC are the present day processor duopoly, these charts paint an interesting picture. Of course, there are plenty of possible interpretations...
Hey Zim...looks pretty good as it is...swing chart with equal squares of time and price ..nice ! Looks like the market is getting interesting at last !
Love it...long term six year accumulation base after falling off a cliff and then the mark up. Notice the false start in 2007 and then the washout of weak hands right before the mark up. And...from the base, the theory of a minimum of a 200% rise held along with never sell the first break as the bigger pull is yet to come. In this case 600% and yes $6.25. These are how one truly gets rich if only for patience and then trade like a friggen speculator on the break out of the base. (CropCircles comment)
ReplyDeleteHey CR,
ReplyDeleteI've been mulling over how I might present the following:
http://rationalinsolvency.com/2012/03/intc030512ew.png
Gladly, I can just insert it here without having to venture into any FA!
If ARM and INTC are the present day processor duopoly, these charts paint an interesting picture. Of course, there are plenty of possible interpretations...
Thanks for all your charts man!
Hey Zim...looks pretty good as it is...swing chart with equal squares of time and price ..nice ! Looks like the market is getting interesting at last !
ReplyDelete