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Technology Stocks : Genesis Microchip (GNSS)
GNSS 2.350-0.4%Oct 31 9:30 AM EDT

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To: Jane4IceCream who wrote (1243)7/20/2006 3:18:35 PM
From: OldAIMGuy   of 1277
 
Ah! Yes, adding ZigZags to the graphs seems to accentuate the price swings. That one is set to 30% for ZZ. That means that the price has to change a minimum of 30% in the opposite direction before it will display.

So, you could have a rally of 100% gain with no 30% corrections and the graph would show just a straight line to the new peak. Something like this is what occurs:



This one would have been a great "buy and hold" but not much zigging and zagging from which to profit. In a model of this one IJS is getting close to a point where we'd start accumulating a small amount of the shares. It's taken quite a setback to get thus far. I still think many of the smaller cap stocks are over valued compared to the larger caps right now. Here's some graphs on such:


Getting better as the larger caps are now nearing the mid point of their risk bell curve (data since 1982).


Small cap risk has also fallen, but was further out of control to start and therefore needs deeper correction.

Best regards,
TV

Best regards, Tom
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