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Strategies & Market Trends : STOCKS WITH ATTITUDE TEAM - FA/TA AND EVERYTHING ELSE -- Ignore unavailable to you. Want to Upgrade?


To: Doug R who wrote (885)12/27/1997 10:27:00 PM
From: KZAP  Read Replies (2) | Respond to of 2377
 
With so many stocks, and markets for that matter. To disassemble
information FA/TA about a $1 stock and a $100 stock would not
be a equal comparison. (IMO) From what I have heard and seen,
with funds and other large buyers, which don't and can't trade in
penny stocks. Therefore there couldn't be as LONG a position
holder (generally speaking) with penny stocks as with higher
dollar stocks. With large amounts of money in MSFT or INTC
and with many, many funds and companies holding those type of
stocks they cannot move them as fast as you can a penny stock.
Therefore they will not 'act' the same and I don't think the
'way' you interpet the info will be the same.
To argue weather or not you can do TA on a stock IMO is fruitless.
You can to one extent or another.

KZAP