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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: William Epstein who wrote (11258)5/20/1999 12:01:00 PM
From: Rich Wolf  Read Replies (1) of 27311
 
William, Welcome to the thread. Look forward to your observations. I'm relatively new to TA, though my professional background includes statistical analysis (hence my bias). I agree with you that TA is also a useful quantitative tool for "... confirming or disconfirming developing trends. This is important because what may appear to be a trend may have underlying anomalies which disconfirm it. Such as, a price rise even when money flow is falling. "
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