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Strategies & Market Trends : Lizard King's Trading Swamp

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To: Christopher who wrote (4597)2/22/1998 10:05:00 AM
From: Robet Butkus  Read Replies (2) of 7396
 
I believe that one can become overwhelmed with the technicals,
and although I use them, keeping it simple works for me.
At overhead resistance points, I do not believe that everyone who
made prior purchases there still owns the issue, thus the amount of
new buyers may not be as many as just adding up the prior volume.
These points have more of an emtional feel to them, since everyone sees
the same thing, and human nature is a straight forward situation.
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