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Strategies & Market Trends : Tech Stock Options
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To: Compadre who wrote (55588)10/15/1998 6:17:00 PM
From: HairBall   of 58727
 
jaime choy: The TA indicator that told of this move was the volume last Thursday. It has not failed to pick the bottom since I started following stocks (a short 5 years).

Well that can often be part of any good technical analysis, but not "the" technical analysis.

To point out something you may want to digest before such a future claim. The volume on 9/1 was higher than last Thursday 10/8. And, it did not produce such a price move. Did it not fail using your analogy?

Just food for thought! We all wish it were THAT simple...<g>

Regards,
LG
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