SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Ascend Communications (ASND)
ASND 222.15+2.2%Feb 6 9:30 AM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Bald Man from Mars who wrote (3686)6/9/1997 5:37:00 PM
From: AlienTech   of 61433
 
>> Different people use different chart <,

So true, I look at charts but I dont use them. Just by using macd you can make money. The object is to make the most money while loosing the least. Guess almost any system can do that for you. One of the cavits I have found is that theres no way for a chart to know when a break occurs before the break. Like the 60->45 drop. Not untill charts can also interpret news and rumors and interpolate how humans react. I sold at 56, felt sorry the next day cause it was like 60 but a day after that it was 54. What does the chart say about that? Would it have told me to sell at 60? The charts were telling me it will go to 70.
Yes long term the charts can say a trend is up or down. Charts can also predict approximately where the resistance levels are. And if the charts were even 50% accurate we would all be rich by now an dnot posting useless comments to while away our time. And something even worse, reading other peoples useless comments to while away the time :)
Hang tight and dont let the mm's bite..

ps the chart says...
Fuzzy Candlesticks detected aTweezers bottom bullish(62%) sign.

The Tweezers Bottom pattern is only a minor reversal sign. It occurs when the low price of the current candle is close or equal to the low price of one of the last four days. Being in a downtrend market, this can be seen to have some bullish implications as the local lows are being tested, but cannot be passed.

However, it takes on extra importance if the two candlesticks that comprise the tweezer pattern also form another candlestick indicator.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News