America On-Line: will it survive ...? Message Board

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Technology Stocks : America On-Line: will it survive ...?

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To: William H Huebl who wrote (1808)	2/22/1997 11:28:00 PM
From: Mitch Blevins	of 13594

William, I also use MSWIN6.0, but I would be careful about using TA now on AOL. Basically, it doesn't make sense to extrapolate a trending analysis on a stock that has just reached expiration when so many contracts are/were out. Also, be careful of Andrew's Pitchforks or any TA which uses angles. Dependence on the arbitrary Y-scale of the graph is not something I would put my money on. Jim was right about Chaos. Don't waste alot of time over-analyzing an aperiodic system with a transient attractor. ~Mitch~

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