"The point about TRX is that for 6 years it has been in decline. It is simply unable yo take out its old all time high. That is not good. Maybe a trader is happy with that but an investor is not."

Once again for a guy that claims to know a lot about technical analysis the chart over the last six years is about as textbook as you can get. Using TNX on the Canadian exchange as a reference from mid 2005 to mid 2006 TNX went from approx. .50 to $10 with hardly any consolidation. This is a classic parabolic move. Parabolic moves resolve themselves by returning to the past breakout point of the initial move accompanied with volume confirmations. This did exactly that. It took two years for it to return to the $2 range which is the initial breakout point. The parabolic move had been resolved by 2nd half 2008. From the 2008 low to the high of 2010 another classic 4 point move up followed by a 50% retracement followed by the same 4 point move up to complete the pattern. Commonly known as an ABC move where A to B of 4 points will equal the same 4 point move up after the approx. 50% retracement completes.

The true movement and trend of TRX is not before the parabolic move but after the parabolic move has completed. The true trend started in late 2008.

We are now in the consolidation phase just waiting for the next trigger at this point.

Hence the buy point in late 2008 and the reason for the successful college fund.