Posted on 05/08/2021 8:51:07 AM PDT by blam
One of my big pet peeves is when people draw longer term support support and resistance without factoring in the currency valuation differences.
The lines are BS for starters, and you are spot on about currency valuation. The USD is signficantly weaker today compared to a year ago.
Long term DOW charts are another pet peeve. The companies in the DOW are totally different today than 20 years ago so comparing values from years ago and drawing trend lines is silly. Add in the currency and it gets really stupid.
It would be the same as having a 20 year chart of the values of cars where you replace any car that goes over 5 years old with a new one.
Lol... How original... Well at least this conversation seems to be helping with your vocabulary set.
Keep working at it and instead of being a one hit wonder you might get more than one hit on the charts... :)
Oh please It was my attempt at mending a fence with you
Mending a fence would be giving “benefit of the doubt”. This I would and have always given. And have even defended others because someone calling them a Karen was in the wrong and out of place because they did not know the whole background and story behind it.
So now do we want to engage and debate with intelligence or are we back to one liner derogatory comments that have no basis in fact or true intent? Do not reach out and bite off more than you can chew... You reached for the wrong pitch and will strike out.
Even though I am really invested in the copper business, I was just teasing my friend with a sarcastic comment. You decided to ride in as a Knight on a white horse and jump in the middle of something you had now clue about.
Prudence and minding your own business was in order here, I would have waited to see where it went and if it got any worse before I kicked the white horse of Knighthood. Look... What do we not like about Liberals? The fact that they do not mind their own damned business... Just like you.
Are here we are... Had my friend asked I would have told him I was being sarcastic and if you had stayed out of something that was not your damned business you would not still be wasting Bandwidth.
It is simple logic as I said from the beginning...
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