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Strategies & Market Trends : Ask Vendit Off-Topic Questions

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To: Venditâ„¢ who wrote (7240)4/1/2005 5:38:35 PM
From: Walkingshadow  Read Replies (1) of 8752
 
You know, this is kind of interesting.... we have used TA rather successfully now in several stocks on this board that trade very low volumes..... SPDV, MFIC, RSTG (now it trades higher volumes), ALNY, PVCT, PVDN...

Maybe we should rethink the conventional wisdom that low volume makes TA very hazardous.

I think if we pick and choose our stocks carefully (i.e., make sure we can see reasonable patterns from the past history of a stock), then even in stocks that trade very low volumes, we can successfully apply TA.

What do you think?

T
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