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Technology Stocks : Compaq -- Ignore unavailable to you. Want to Upgrade?

To: MeDroogies who wrote (94994)	1/30/2002 11:15:09 AM
From: Night Writer	Read Replies (1) \| Respond to of 97611

Glad you got a laugh. That was the purpose. Didn't that chart hurt your eyes? <G> However, a word about TA. Short term TA improves your chances when trading. Long term TA improves your chances when investing. TA works best when following a trend. Currently counter trend TA works best, but counter trend TA is the most dangerous TA to trade. Failing support levels and shifting resistance areas are difficult to determine. Emotions run high and stocks crater fast on bad news. Just using TA to help one see this is worth the time and effort. Basically it boils down into one sentence. The trend is your friend until it bends. Right now the long term general market downtrend is still in place. NW