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Technology Stocks : Individual, Inc. (NEWZ) - Any thoughts? -- Ignore unavailable to you. Want to Upgrade?


To: Len Giammetta who wrote (909)12/23/1997 5:31:00 PM
From: Pullin-GS  Read Replies (1) | Respond to of 1004
 
As you know T/A relies on the entire trading range rather than
simply the closing price.

True, but the most often utilized of statistics for any given day is the close. It is the closing prices that is used when dealing with moving averages, stochs, macd, etc.
I agree 100% that the future outlook is very much dependant on the fundamental outlook of DTOP. This makes it very difficult to get a good T/A read on INDV (that is the main reason I have put my INDV charts down for so long), especially in light of the current market volitility overall.

I will try to give a read later this evening after I download my end-of-day data.

Regards...and apologies, Paul