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Technology Stocks : Net Perceptions, Inc. (NETP) -- Ignore unavailable to you. Want to Upgrade?


To: Jay who wrote (2131)12/1/1999 1:57:00 PM
From: Walt Corey  Read Replies (2) | Respond to of 2908
 
Jay, you might be right. I've seen options added on other stocks too but they were investment grade stocks, not highly speculative day trade stocks. In other words, avg vol to float is huge with netp, not so with the dells, usofts and others. I think the speculators will leave this week, I think they are the bulk of the float, supply and demand dictates the price will drop...if my analysis holds. That may well be part of what we are seeing today, don't know.



To: Jay who wrote (2131)12/1/1999 2:05:00 PM
From: Walt Corey  Respond to of 2908
 
TA..Jay, I have used TA very 'successfully' in the past, I am by no means a chartist. I have tried to play with P&F with limited success. I think there is some modicum of truth to the argument you can make a chart, or any TA, look precisely how you want it to look. Especially with P&F what is the box size and what is the interval used. It's kinda similar with Bollinger Bands, what is the SD and avg period being used. Adjusting them will draw the bands closer or further apart, whatever way you want to suite your argument.
Walt..thanks for the post, I agree alot of people may find it very educational if not interesting.