VALENCE TECHNOLOGY (VLNC) Message Board

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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: lws who wrote (4120)	9/8/1998 4:45:00 PM
From: John Curtis	Read Replies (1) of 27311

lws: That, and other similar, web site(s) are good as over-view material, but tend to suffer from "muddiness" when data is represented. Also, large "spikes" like you observed probably represent total volume of transactions within the period indicated, NOT necessary one transaction. I have found their indicators(RSI, etc.) to be surprisingly good, all things considered. Obviously the best way to graph/chart/etc. is to download the buy/sell transactions daily and "crunch" 'em on your computational devices using such commercially available programs as Telescan. Ugh, eh? Heh! Also, there are some interesting programs coming down the pipe which involve heuristics and AI(artificial intelligence) which are capable of some intriguing things. I envision the day when we can all lay on the beach while our machines analyse, buy/sell the market and make us all fortunes......but then again.....what fun would THAT be, eh?? ;-) John~

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