SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Biotech / Medical : Ligand (LGND) Breakout!
LGND 196.50-0.3%11:19 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Flagrante Delictu who wrote (11594)11/23/1997 11:28:00 AM
From: Proton  Read Replies (1) of 32384
 
Re: Quite Right!

You are under no obligation to see what I think I do. Nor are you under any obligation to define patterns the way I do. Nor is my view of these patterns necessarily any better or worse than yours or any other member of this threads. In fact tonyt's viewpoint may even occur & mine may not. Or vice-versa. Lastly, you may be perfectly correct that TA is hooey. I frequently feel that way when what I think is a developing pattern aborts{ if you'll pardon the expression}. I hope your TA of LGND proves prescient.

I could write this all right back at you, but -- suffice to say -- it holds for my analysis as well (including my hope for the precience of your TA!). While we wait for the stock to do something, this is like tossing spaghetti at the wall. At some point, a few noodles will stick, and we can proceed to the main course.

I enjoy bouncing this stuff around with someone (my wife does not react as well to my discussions of adaptive moving averages as I do to her monologues on faux finishes), and I hope you do, as well. BTW, my opinion of TA as hooey is inversely proportional to the success I am having with my analysis at any moment. :-)

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext