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Strategies & Market Trends : Tech Stock Options

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To: Eric Maggard who wrote (57798)11/19/1998 10:37:00 AM
From: Cents   of 58727
 
Donald, Eric, last night I decided to look at Market Edge's second investor opinion.....strangest thing....I'm not a TA person but I got a bunch of buys and strong buys for almost every single stock that I looked up. Their opinion is based on their own TA, but I got a real uneasy feeling about their recommendations. Call it paranoia but I'm going to wait and see where this market goes. I'm in options for now.

BTW, can TA indicators deceive an investor? That is, even when a stock is in a strong uptrend (BUY BUY BUY), can it be killed by investor realizations that the economy is not so great by overnight no matter what the stochastics and moving averages say?

Cents
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