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Politics : High Tolerance Plasticity

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To: bull_derrick who wrote (22951)3/22/2005 1:35:57 PM
From: chowder  Read Replies (1) of 23153
 
Those of us who use TA in our analysis would ignore a company like DRRA. It doesn't trade enough volume for TA to provide an accurate picture of what's going on.

Most technical indicators are trying to show the foot prints of money, the battle between buyers and sellers. You've got to have enough buyers and sellers to get an accurate picture.

If you were taking a national poll, you wouldn't make an assumption on 9 or 10 phone calls. You might get lucky with your analysis but you couldn't depend on any accuracy with consistency.

Trading illiquid stocks using TA is a novice play.

dabum
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