SI
SI
discoversearch

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.
Technology Stocks : Full Disclosure Trading -- Ignore unavailable to you. Want to Upgrade?


To: advocatedevil who wrote (5421)5/8/2003 10:11:36 AM
From: Ira Player  Read Replies (1) | Respond to of 13403
 
OT - AD,

It is because the tendency you describe is so strong in the entire population of "Investors", that TA often works.

A former high becomes resistance because a significant number of players that bought near the previous high bail, with a collective sigh of relief to have gotten out safely they provide the selling pressure that stalls the move.

TA is actually EA, Emotion Analysis.

Ira