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Non-Tech : Secret Squirrels hit!

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To: Larry Voyles who wrote (1638)	10/22/1998 11:29:00 PM
From: musicguy	Read Replies (2) of 12872

Larry, are standard TA values useful on a stock that had the rapid decline that PAMM did? It is now a $1 stock, but thats very recent (hence it being SO far below all the moving avgs).. I am completely ignorant as regards TA (and most other things as well) but I question it's validity in a situation like this... I don't think anyone who is currently buying PAMM is doing heavy TA, it is more driven by investor perception, which defies all logic. Have you ever read any of the Asimov "Foundation" books? TA sounds a lot like his concept of Psychohistory.... MG

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