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Strategies & Market Trends : Technical Analysis - Beginners

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To: David R. Evans who wrote (8238)3/31/1998 5:23:00 PM
From: Spots  Read Replies (2) of 12039
 
Hi Dave,

I've never posted to you, but I really appreciated your last
few posts here. It looked like the old thread, which I'm
still reading from the beginning, and what attracted me to
TA in the first place. I certainly hope a few blips won't
deter you and Andy. I've learned more from reading the
thread in the last few days than from the last two months.

This is incidental, but I wanted you to know you're not
necessarily posting to the wind even though you got back
a lot of howling. (I don't mean ALL you got back was
howling; great info in the exchanges.)

The point (finally) is that I have a question about your
example IMG of a few posts back.

Looking at the chart I can see a lot of the characteristics
you pointed out (though I'm a TA infant). That's good! I can
now observe the obvious once someone shows it to me. This
is real progress.

My question is, this is a VERY thinly traded stock. Volume
today was only about 11,000; max day in the last few months
was about 180,000. These numbers are shares, not hundreds.

Does this affect your selection, entry, exit criteria? If not, I wonder if that affects your results when it comes time to exit
(or enter, for that matter). If so, how do you modify selection?

Best regards,

Spots
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