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Non-Tech : Amati investors

AMTX 1.630

+1.9%

Jan 12 3:59 PM EST

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To: Galirayo who wrote (11044)	2/25/1997 7:00:00 PM
From: Ross Roberts	of 31386

Ray, You are implying that I should just ignore TA or the posts regarding TA by both you and John. I would prefer to engage in a constructive dialog with both of you regarding the merits of TA as it applies to AMTX. Your compliment to John about his estimate for Amati made last night just reinforces my point. When the MM's want to move the stock in either direction all they have to do is move the TA indicators so they point in that direction. My point is that the indicators become meaningless, (or worse, deceptive) because all they tell you is the direction the MM's want to take it in the short-term. Again, I believe TA can be very useful with stocks that aren't as easily manipulated as AMTX. In a prior reply from John to a question I posed he stated that TA gives us an indication of what is will occur precisely because it reflected movement caused by people that know something that we don't. I just plain disagree with that. It's not about the stock price reflecting some insider knowledged about what's going to happen -- it's about the the stock price being manipulated. I hope you take this in the spirit with which it's intended. Regards, Ross

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