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.

Non-Tech : MAT - Mattel - toysRthem -- Ignore unavailable to you. Want to Upgrade?

To: Yogizuna who wrote (655)	11/8/2000 12:21:46 PM
From: Arthur Tang	Read Replies (1) \| Respond to of 706

Chart looks real good if you don't connect the two points but rather put two parallel lines above and below the general trend. Both support and resistance are moving up in parallel. I call that a signature by the specialist. I hope that in studying retrace of past curves that the signature does not vary with the age of the specialist? Our signature tends to lose a number of wiggles as we age. I like to superimpose market makers' or specialists' signature on top of trend lines for retrace study. I feel more comfortable if technical analysis is qualified that way. I have given up moving average of any type some time ago, when fitting the curve frustrated me. Good luck on your system of analysis. Ever study the way Las Vegas poker dealers deal, by reading the cards and watching how they shuffle the cards by skewing the deck of each hand? They shuffle stack by stack not card by card like we do at home, Reading the cards becomes simple if each hand is skewed before shuffling many hands without disturbing the order of each hand. Good luck on your gambling too.