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Gold/Mining/Energy : PYNG Technologies

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To: Ward Nicholson who wrote (3484)3/14/1999 3:14:00 PM
From: Jack Rayfield  Read Replies (1) of 8117
 
Ward thanks for resonding-

I am glad that you did not have any real technical reason for choosing the C$1.00 target. If you had I would have had to go back and reread "Trading for a Living" to bone up on what ever method you were using. I must admit the the MACD appears to give fewer and more accurate buy/sell signals then the other indicators. And I do believe in technical analysis on large cap actively traded stocks like CPQ, ASND and CSCO but I do not see that it is relevant to PYT. I am still interested in whether a buy signal based on your system would be triggered by a move through C$2.50 on say 100,000 shares.

I like you posting to this thread as compared to you I am irrationally bullish. Until you posted LOR and I were considered pessimistic by some.
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