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Strategies & Market Trends : Technical Analysis - Beginners

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To: Bob P. Lewis who wrote (72)9/25/1996 1:00:00 PM
From: David R. Evans   of 12039
 
Hello Bob,

If Compaq is ready to announce great news you will see it on the charts....Keep watching the chart and wait for the start of a breakout.... WHEN the breakout comes then jump on, but not before... The problem with "NEWS" is you don't know for sure what effect it will have on the stock price.... How many times have you seen great earnings but the stock price goes down... The best way to do it is stay away from "news" and stick to the charts.... The REAL story is always in the price!!! Dave Evans
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