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Strategies & Market Trends : The Amateur Traders Corner -- Ignore unavailable to you. Want to Upgrade?

To: Aj-Ruk who wrote (6789)3/4/2001 12:31:18 AM
From: Jane4IceCream  Read Replies (1) | Respond to of 19633
 
ELNK...well, yeah. And our good friend Josey Wales thinks ELNK will get taken out too....maybe by Microsoft?

Maybe going l-o-n-g with a couple of $9 stocks is a good thing <CORV + ELNK>.

Poster by name of GREENLAW is really pumping CORV over on Raging Bull.

Jane



To: Aj-Ruk who wrote (6789)3/4/2001 1:19:03 PM
From: Roger A. Babb  Respond to of 19633
 
AJ, I played some with the charts on your link. Tried it with many stocks. The actual logic behind their "buy/hold/sell" seems to be as follows:

1. If the stock's last move was up, BUY.
2. If the stock's chart is flat, HOLD.
3. If the stock's last move was down, SELL.

For example, QQQ is rated a 100% sell today, but it will flip to buy on the next good up day. I must admit to being a total skeptic on the value of chart analysis.


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