STOCKS WITH ATTITUDE TEAM - FA/TA AND EVERYTHING ELSE Message Board

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

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To: MikeD who wrote (1975)	1/28/1998 12:22:00 PM
From: Dave H	Read Replies (2) of 2377

re: AMVC I know this one has fallen out of favor, but according to my counting (>g<) AMVC just completed a thomas demark buy sequential yesterday. This is a low risk buy indicator. I will be going over the chart again tonight most probably, but I've found that the completion of sequentials usually signal a move in a stock, either up or down. It points to a probable shift in supply/demand...in this case, the buy sequential is pointing to areas where everyone who wanted to sell has sold and it is probable that buyers will now overtake sellers. However, sometimes the sequential is "wrong" and price makes a large move down again. As with any system nothing works 100%. Just thought I'd add this piece of info regarding AMVC since we all have been following it for a while... -dave

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