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Technology Stocks : ASND - Discussion, but no quotes
ASND 197.59-0.8%Nov 7 9:30 AM EST

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To: Omaha Investor who wrote (58)9/12/1997 8:19:00 AM
From: Sector Investor   of 186
 
<<come on, the price dynamics is determined mostly by emotion.
That is why technical analysis works.
From my technical point of view by just looking at the chart,
short term(1 - 4 days) bullish. this is a very typical candlestick
pattern.
long term (a few month) bearish. head and shoulder pattern.
look at the chart by yourself.>>

In the last two days over 40 Million shares were traded. Thats almost
one share in four outstanding. When was the last time you saw this with
ANY stock? THIS kind of emotion is based on fear and greed.
TA works fine with most stocks I'm sure, but I wouldn't want to invest
based on ASND TA. You'd do better to play on the prevailing emotion, IMO.
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