SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Technical Analysis - Beginners

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Sean W. Smith who wrote (10124)4/26/1999 10:06:00 PM
From: TA2K  Read Replies (2) of 12039
 
"I have seen stocks go days without trading... Bottom Line for me on that issue is I don't trade non liquid stocks...."

(Hope you don't mind switching this little discussion over to here.)

Please define 'non-liquid' stock.

Would you agree that if you noticed a no-activity period for a stock that normally would have some trading in that period (in the present case, 30 minutes), that that could serve as an indicator of some sort?

How I approached it in part was to how the market would respond following the activity -- would selling accelerate, or would buying accelerate. One or the other may be expected to happen, responding to the anomalous inactivity. What followed was that selling seemed to appreciably decrease, but buying seemed to proceed at the prior pace. My interpretation then went that an increase in price is more likely than a decrease. Because of this, and other reasons TA in nature, I'm long in that stock now.

I guess I'll see what happens tomorrow.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext