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Strategies & Market Trends : Technical Analysis - Beginners

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To: peter n matzke who wrote (8028)2/5/1998 6:11:00 PM
From: Richard Estes  Read Replies (1) of 12039
 
It is not a case of accuracy as much as volatility at earnings time. Don't buy because near announcement, 6 out of ten, you will see a turndown. I try to stay out of stocks near earnings announcement. but if you are there then have an exit based on small periods like a 5 MA so if it turns you get out on that. I wish they only had yearly announcements.
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