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Technology Stocks : Microlog(MLOG): Ready to Move?!

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To: Bob&Carolyn who wrote (270)10/31/1997 10:31:00 AM
From: Zeev Hed   of 595
 
Carolyn: I view TA in terms of "mass psychology. Area of resistance and support are created by accumulators and distributors of stock as well as by people that "missed the boat" (either selling or buying). Where you see a range of prices established, a trading range, a break in such a trading range often indicates a fundamental change in the percepption of the investing public. When perceptions changes, breakout occur (both on the way up and down).

Zeev
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