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Technology Stocks : Electronics Boutique (ELBO) -- Ignore unavailable to you. Want to Upgrade?


To: Mad2 who wrote (659)3/5/2000 2:03:00 PM
From: Night Writer  Read Replies (2) | Respond to of 779
 
Mad2,
If TA worked well on thinly traded stocks, ELBO is a buy according to MACD, Stochastics, and MDA analysis. ELBO needs volume to confirm the buy signals. Basic problem with thinly traded stocks is volume confirmation might drive the price out of sight. Hmmmm, maybe ELBO has a nice spike coming up in the near future. How am I'm doing? <G>

I have finished reading Technical Analysis of the Financial Markets. It took me some time because I used each method some on historical charts while working my way through the book. My view of investing has been radically changed. Thank you for recommending the book.
NW

PS CPQ and WMT also have buy signals on them. Remember I'm an amateur at TA. Do your own DD.