International Precious Metals (IPMCF) Message Board

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Gold/Mining/Energy : International Precious Metals (IPMCF)

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To: Furry Otter who wrote (19805)	9/3/1997 11:18:00 AM
From: kimberley	of 35569

Otter, << There are so many variables with this stock that I do not think TA contemplates. Does TA work when the share price is being manipulated as IPM's has? When there are so many funds either in the stock, or vacillating about getting in? Not to mention the thermonuclear effect of the BD report (either way), and the effect of the anticipation of that report. >> Yes, and no. I can't be called a true 'ta'er' because I'm prone to taking all these other things into account... but the chart will tell you something is going on, then you have to figure out what it is, and act accordingly. <g> Watching the tape, you can usually see the stock being manipulated, it gaining or losing strength, strong buying or selling, etc. Those things will tell you where the stock is likely to go... and also investor sentiment plays a large part. The stock right now is telling me that no BD report this week, but should be very soon. Am I right? You only know after the fact... so it's rather like a game. A fun game, though!<vbg> Just my opinion, ever so humble. Doll

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