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Strategies & Market Trends : Charts With An Attitude; Trading In & Out

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To: Doug R who wrote (4492)1/11/1998 11:46:00 AM
From: Sergio H  Read Replies (1) of 4701
 
Doug, the Smith person failed again to understand. On VVID didn't all of the TA say not to buy unless it broke above 16 1/2? VVID didn't do it, so it never broke out or even pretended to break out. Smith then got hot and bothered by the fact that the stock went down on a not so good market day. VVID will come around soon enough, but even after it hits a new high Smith will have something to complain about.

If I were taking Smith seriously I would give him examples of stocks that were recommended by analysts and failed to perform. I posted the WSJ report cards on the brokerage houses last week. Perhaps Smith missed that as well as the entry point for VVID from our report.

Sergio
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