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Pastimes : ASK Vendit Off Topic Questions

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To: sandintoes who wrote (18688)2/1/2001 5:20:02 PM
From: Walkingshadow  Read Replies (1) of 19374
 
Hi Sand,

Long time no see! How ya been?

I don't attach much significance to what analysts say, other than to sometimes use them as a contrarian signal. In the phylogenetic scale, I put analysts just slightly above attorneys and cockroaches<gggg>

I'm not convinced that TA is very valid with a stock with such a short history. But FWIW (and I would take this with a big grain of salt), there are still technical buy signals showing, but TMTA is getting overbought now and appears to be running out of steam. Overhead is at about 37, and it looks like TMTA will have trouble there. Lower support is 25, 23, then 18.

askresearch.com

The intraday shows a strong close today, but clearly this one is in the hands of momentum/day traders, who will soon get bored and go play elsewhere. TMTA has gotten way ahead of its intraday moving averages, and due to correct back some.

askresearch.com

Hope this helps some, but I wouldn't take it too seriously.

WS
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