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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: bobby beara who wrote (28922)	10/9/1999 12:54:00 PM
From: HairBall	Read Replies (1) \| Respond to of 99985

bobby beara: while manipulation may be possible in thinly traded markets, i believe manipulation is highly overated in the broader market, i think chart patterns fail because so many recognize the pattern and set themselves up for the expected event and when that event doesn't happen the pattern fails and people are trapped in the wrong direction. Well, Richard Ney use to point out on a daily basis manipulation in the Dow Industrial Issues. That is how he convinced me...<g> But I will not try to change anyone's mind. We will just have to agree to disagree. As far as chart patterns are concerned, I think many folks misread patterns and do not know which ones are reliable enough to bet on. I could go on with what is wrong with traditional chart patten reading, but I do not have the time nor the inclination today...<g> However, I will say as stated in my previous post on this subject, I do not believe there is any single technical analysis tool or technique that can stand alone. Good trading.... Regards, LG

To: bobby beara who wrote (28922)	10/9/1999 1:25:00 PM
From: Andeveron	Read Replies (1) \| Respond to of 99985

bobby, buy programs and sell programs may be considered manipulation. Broker buy and sell recommendations may be considered manipulation. The greatest tool at the hands of the puppet masters are the futures markets. Highly leveraged, a few million dollars thrown into SPOOS will knock it up or down. Keep the pressure on and you'll cause a ripple. Momentum players, fundies, etc notice the move and jump on board, cover their positions, et al. Tidal wave...

To: bobby beara who wrote (28922)	10/9/1999 2:01:00 PM
From: Robert McHale	Read Replies (2) \| Respond to of 99985

Would anyone care to comment on these two attachments regarding AMZN. Your input would be appreciated. Thanks in advance. impristine.com impristine.com