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Strategies & Market Trends : Predicting news and runs for big % gains

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To: scouser who wrote (1751)10/21/2000 3:00:30 AM
From: Jim Bishop  Read Replies (1) of 2182
 
TALL, not a LIST stock, but would you agree with this Scouser?

For those that like to use Williams%R as a leading indicator, for pops, and upcoming news, check the charts this weekend.

Check the last few times Willy rose past -50.

Also look at the Bollinger bands, and this quote from Big Charts:

"A move that originates at one band tends to go all the way to the other band. This observation is useful when projecting price targets."

Believe the rumours or don't, but strong rumours, are also leading indicators, and in this game....nuff said.

chart.bigcharts.com
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