You arrogate majority support for your opinion.
Asseveration.Quote:
Trying to predict the long term success of any company from a chart is about as foretelling as rolling chicken bones.
Spare me the lecture. I do all that. But I won't bet against the market. If the price is falling the market is telling you something, and it doesn't matter how intelligent you are, or think you are, or how detailed your analysis, there's a good chance you're wrong.Quote:
The evaluation of likely business success is about the intrinsic matters, evaluation of competitiveness, market analysis, technology, strategy, capitalisation, management, forward cashflows, sensitivity analysis, all the important things an entire world full of investors tend to focus on, and well for good reason too.
The market deserves respect.
The chart doesn't speculate, it's a factual summary.Quote:
Good luck Bunter though with your speculative chart, such things are just squiggly lines on the way to an outcome determined by fundamentals and value.
See first commentQuote:
For everyone else the analyst reports might be a good place to start.
Useful information - thanks. I'm skeptical of Edison but I guess it's a start.