Stock Attack -- A Complete Analysis Message Board

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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: Chris who wrote (7164)	3/19/1998 7:11:00 PM
From: ViperChick Secret Agent 006.9	Read Replies (2) of 42787

you have to pay attention to news Chris..... you cant use TA alone( oh I know TA people dont like to hear that I suppose) I understand the concept of trying just to follow the chart but you see what happened to MER however, it didnt give up all gains from yesterday...so that is a plus that same thing happened with this mystery stock that I cant remember the name of David Faber on CNBC would come on all the time and say..the rumor is denied..but everytime the rumor is denied the stock doesnt give up all of its previous gain...cycle after cycle after cycle of the rumor circulating...this is bugging me.. i wish someone would remember what stock I am talking about..still think it was American Express another example is WFC..your chart might have said to buy at a particular point...but if a rumor comes out that Buffet sold his position (this happened last year and it dropped the stock....)...you have to pay attention to it. btw, I dont know if he has any left or not at this point.

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