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Strategies & Market Trends : STOCKS WITH ATTITUDE TEAM - FA/TA AND EVERYTHING ELSE

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To: David Smith who wrote (862)12/27/1997 5:11:00 PM
From: Dave H  Read Replies (1) of 2377
 
That's why, if you notice I also wrote:

Monday will be key to watch for a confirmation of this breakout with strong volume and a
close at or above where the price is now.


If you look at the short term stochastics there IS a breakout, along with the breakout in price. I fully acknowledged the fact that this "breakout" could be a false one by mentioning that it was on light volume, and also mentioning (as i requoted above) that confirmation will have to come with strong volume.

I am not concluding anything from just the short term stochastics; I said a powerful move *could* happen; and that volume would *have to* confirm any breakout.

Taking quotes out of context is not usually something that people look highly on. I respect your opinion that one can't TA $3 stocks; I disagree. I don't appreciate you selectively editing my post to imply that I am calling friday a true breakout day for AIRM when if you read my entire post, you will clearly see that I am not saying that.

dave
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