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Strategies & Market Trends : STOCKS WITH ATTITUDE TEAM - FA/TA AND EVERYTHING ELSE
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To: Doug R who wrote (863)12/27/1997 3:52:00 PM
From: David Smith  Read Replies (1) of 2377
 
Doug, you stated:

"Any single end of day, week or month trade alters every outcome in the technicals of every stock."

The brush you are using to paint your TA is broad indeed. If I had bought or sold $10,000 worth of MSFT at the end of the day on Friday, I'd be interested to hear you explain how this would have altered the technicals--either long or short-term--in a stock that traded over 4 million shares that day...that's $480 million of capital into and out of MSFT on Friday. Conversely, ONE person with the same amount of capital could have COMPLETELY altered the technical inputs I believe you are misusing to analyze AIRM and similar stocks.

The last time such extensive TA was used in this forum, it was to analyze a similar stock...IBAH. Anyone remember IBAH? With great fanfare and in-depth TA/FA you recommended it at $4. It closed Friday at $3.30--a loss of about 18% in only nine trading sessions. Judging by the recent performance of this and many other stocks you've recommended, the weight of evidence is on my side right now--something to consider the next time you feel like offering me inappropriate advice such as "get a life." I like sticking to the facts, Doug....understandable if you don't.
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