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Strategies & Market Trends : Ask Vendit Off-Topic Questions -- Ignore unavailable to you. Want to Upgrade?

To: rrufff who wrote (3728)	1/11/2005 7:22:44 PM
From: Vendit™	Read Replies (1) \| Respond to of 8752

rrufff, Both your Williams and Stochastic give you a sell signal right before the big drop. If I'm reading that right, I'm very impressed!! You are reading the signals correctly. In addition….just flip the signals to their lower scales and have them point up and then you will see them point the way to a big move up, depending on the stock. Please remember that it takes some time to learn the pitfalls and to perfect this or any trading style but you did just hit the nail on the head. High volume and volatility are key. Bad or good news are cream. Reid

To: rrufff who wrote (3728)	1/12/2005 1:22:47 AM
From: Walkingshadow	Read Replies (3) \| Respond to of 8752

<< ...the charts you posted indicate that we could be near the end of the drop, as oversold, but there certainly is nothing close to a buy signal. >> Just remember that oversold conditions can become even more oversold, and can stay that way for quite a while. I agree there is no sign of reversal yet. That said, the selloff appears overdone and excessive, even given the overinflated valuations that TASR has enjoyed for a long time now. A bit too much too soon, in other words. Personally, I would anticipate short-term reversal at $13, but the long-term uptrend looks irreparably broken now. That means TASR might rally into resistance, but is unlikely to resume it's uptrend any time soon. It will now most likely trade down or sideways (I mean long-term trends here). T