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Pastimes : ASK Vendit Off Topic Questions -- Ignore unavailable to you. Want to Upgrade?

To: horsegirl48 who wrote (14903)	10/19/2000 7:07:42 AM
From: Vendit™	Read Replies (1) \| Respond to of 19374

News will blow TA away every time. Ive heard it said the good news lasts about 2 to 3 days as far as having a positive affect on a stock. Most all stocks experience a run up prior to earnings and stock splits. These runs are anticipated and are played by fundamental traders. Normally after earnings are released or a stock splits you see a tech stock sell off because there is no more good news or up coming event to drive the momentum. Sellers start taking profits a day or so before the "event". Yahoo is a very good recent example of this. askresearch.com