What Babaoriley said about Technical Analysis, fits here too.

„One thing I've noticed over many year with TA, it is 100% accurate after the event, but ony about 50/50 beforehand.“

There is a phrase for every situation. POET went up 50% since january. What about „The trend is your friend“? As useless as any other one. The greedy/fearful phrase was about Value Investing. POET is not a value play. Not at all.

Now we had a little pull back. So what? I don´t care too much, nothing has changed.

Searching for Reasons? Again, in hindsight it is easy to explain:

- No or few new investors so far

- Still little volume, small batches traded

- RSI overheated

- A lot of POETeers expected news that didn´t come

- some saw it coming and traded (sold)

- automated orders were executed.

...Boom. Here we are.

At the german discussion board someone said early monday morning: „Here´s to an exciting week“. I answered: „The most exciting part will be how the agoracom community will react when they realize that the news won´t come this week“. Now I know.

Relax. Here´s to an exciting next week.

Holk