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Non-Tech : Expeditors Int'l (EXPD)
EXPD 121.86+1.4%Oct 31 3:59 PM EST
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To: Francois H. Gaston who wrote (26)3/1/1998 6:14:00 PM
From: Carl Yee  Read Replies (2) of 87
 
Enjoyed your TA chart. I use some TA to often time my entries for stocks basically chosen by FA.

I think your NVI and PVI show what we often suspect. Traders often buy towards the low or oversold points and sell into strength and/or short too. The uninformed buyers are usually working with old or incomplete info and often end up chasing the tape; buying too late after the stock gets extended or selling too late.

Carl
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