Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : Analysis Class for Beginners -- Ignore unavailable to you. Want to Upgrade?

To: MechanicalMethod who wrote (1171)	10/5/2000 8:50:42 AM
From: Arthur Tang	Read Replies (1) \| Respond to of 1471

You know, I have to caution you on the terminology you use and what I use. So that we are synchronized. Overbought and oversold are not only net volume balance daily; but it is strictly a condition describing investor overbought sentiment and which created shorts sold by market makers, or the otherway around. Oscillators in T/A are used on the overall market to predict cash or stock pool size, not necessarily on individual stock. Shorts are published by NYSE or Nasdaq, monthly. Cheating means we know the numbers the market makers will use by intuitive derivation or by derivatives(cheating is knowing by some means tipped off by market makers' body language). That body language is sometimes called retrace in technical analysis. But unfortunately, this is all short range predictions. What I discussed was using a birds' eye view of all the curves of all the charts(if you have seen one chart, you have seen them all, the ones that are similsr), using computers and plug in values to have a retrace of 2 years forward to predict price and volume of any stock. All of us are looking for that kind of tool in Technical Analysis.