Just had a look at the chart of NWZ. Without knowing the...

Just had a look at the chart of NWZ.


Without knowing the fundalmentals the chart NWZ looks like a typical Pump and Dump stock. The small end of the market is full of them. You need to know why they are there and how they operate. The answer does not lay in the charts.

Once they have their runs, thats it. Those that want to get out at profit have done so. There is no further need to run the stock up......it is likely to whither and die.( There are exceptions of course, maybe NWZ is, but it sure doesn't look like it)

Failure to learn how the market works will cost you. Most traders fail because they don't learn.

The market is a mechanism for transferring money from the un-educated to the educated. And not through chart based trading.

Learn the mechanism of the market......not the sanitized theoretical book version, but the street-wise reality.






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