Hot Stocks: How not to get BURNT

[vonguinness]

I agree, the general public is too lazy to teach themselves. They rather take someone's advice from the internet that they've never met, ie: message boards. Those same boards prey on that mentality and the pump and dump.

I just went back and looked at a SPNGE chart to 6 months back and did some quick math.

If you sold only with the MACD and STO as indicators, you end up tripling your money (I doubled).

I have no problems with pennies, I do quite well with them. I just dont read into the hype.

[tomallinder]

Actually, the chart did not matter. They all look the same, all follow the same general pattern. Many people wants their hands held and told what to do rather than learning for themselves...

[vonguinness]

damn you for using SPNG!!!!

seriously, good vid...I dont know why folks cant just figure out how to read a STO and MACD? IMO just those two with and understanding of support and resistance and you can keep yourself out of most trouble.