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Pastimes : Home on the range where the buffalo roam
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To: Boplicity who wrote (9935)2/9/2001 1:52:35 AM
From: Sig  Read Replies (1) of 13572
 
An idle thought
Perhaps the popularization of TA is helping cause volatility.Stocks hit lower bands, and people buy. Hit the upper bands and people sell. Qcom may be a good example.
There seems nothing we can trust about words-news, estimates, earnings, analysts or even market direction. Are left with having to bet on curves many can see, relate to, and plot from education in math and geometry.
Not much use for LTBH, but would expect volatility to continue until something breaks.
Sig
Acers Jan PC sales fall 37% from a year ago. Ouch
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