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

To: RADAR ))) who wrote (901)	12/28/1997 6:48:00 AM
From: Christopher	Respond to of 2377

Christopher, I have to agree with RADAR. You say that TA does not work well with stocks under $10. Why?! TA is based on price and volume. All stocks have price and volume that vary every day giving TA charts different looks. If a stock does not have much money flowing in and out of it as you stated before then it will show on the chart as it would be reflected by the stock price and volume. Doug R. is picking stocks based on their charts and I think he is picking the stocks that do have enough of money flowing in and out of them to make the charts. Again, TA is based on the price changes of the stock and volume and is not dependent on how high the price of the stock is. Moving averages for example is a summation of the price and has nothing to do with how high the price is. Could you make a case to show that if the stock price is less then $10 that it would throw off its moving averages? Christopher, you are generating a lot of noise on this thread and disrupting many people from doing their work to support what this thread was intended for. Why don't you pick another thread and leave this one alone.