Bid.com International (BIDS) Message Board

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Microcap & Penny Stocks : Bid.com International (BIDS)

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To: Denise D who wrote (20158)	4/14/1999 12:16:00 PM
From: Cameron	of 37507

Denise, personally I don't put a lot of store in TA. Having said that however, I do believe that on a short term trading basis that there is a lot of psychology involved in price movements... given that a lot of people do use TA... it is invaluable to stay on top of. In many senses I think that TA becomes somewhat of a self fulfilling prophecy... so while I think it's a lot of cahoohy... I still look at charts a lot. As far as what is good TA and bad TA.... well if you're looking at a chart that the rest of the universe can look at and you derive some insights from it in terms of how those others may react to it.... well then it is fair game to use in your analysis... keep it coming... it is always great to hear how a TA analyst is thinking..

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