I put a lot of faith in 'smart money' sell-side analysts and take a lot of my fundamental information from seemingly reputable financial news sites. @nathanworden cautioned me recently on the reliability of these analysts and news sources, and while I've always known that doing your own due diligence is paramount for any trading or investment decision, I've never had an experience to really cement this fact...until now.

During my daily news reading, I followed a news rabbithole and wound up on www.thestreet.com. In particular, this article about bearish sentiment on $MO and $WDC (I'm long $WDC btw which is why I was interested).

I damn near wet myself when I saw their technical analysis of the charts. What the actual fucking fuck is this?

Followed by this total fucking monstrosity.

What's even better is that these are the two examples they chose to market and position one of their subscription services!

If you know me then you'll know I'm somewhat new to trading as a whole (less than a year) so is "The Street" a mock-up, or satire, or a parody, or something? Or is this genuinely their perception of technical analysis?

If this was my first introduction to technical analysis then I'd completely understand why there is so much cynicism behind it. What a total and utter embarrassment.

If you're unfamiliar with me or technical analysis, please rest assured that this is not it!

P.S. $WDC is up 10% this week so suck it.