Zonagen (zona) - good buy? Message Board

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Biotech / Medical : Zonagen (zona) - good buy?

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To: Jacques Chitte who wrote (4996)	7/21/1998 8:55:00 PM
From: epicure	Read Replies (3) of 7041

Perhaps I should have put in time frames- and you can't know how the formations will play out until they are confirmed or negated, and right now any of them could be true. You have to wait until you hit one of the numbers- just like you would watch support or resistance levels before you bought or sold a stock. Right now the formations are telling you to wait. The stochastics (imo) are the most reliable, and (again imo)they are more reliable the closer in you are. So the 5 minute is VERY reliable, but hard to trade off (it is down but looks to be turning soon). The weekly is darned unreliable- except perhaps for a trader who invest over several months and doesn't mind the occasional heart stopping unexpected drop. So you have to read what I wrote as a road map the YOU have to watch the charts. Or not. Or buy the damn books I TOLD you to buy and do your own TA- then we can fight over our different interpretations which would be fun.

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