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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 (2071)1/31/1998 11:13:00 AM
From: lazar921  Read Replies (1) | Respond to of 2377
 
Radar...i am glad you have been able to profit from some info presented here, i am only suggesting that last year was a stellar year for stocks all around and i do not neccesarily believe that unorthodox ta is the reason for these successes. i accuse no one of anything. i just hope that investors/traders not blindly follow picks posted here. traditional/classical ta really can not be applied to some the very small caps that are followed here. bursts of a few points, only to see people pile on, when others are pulling out and moving on will leave many holding the bag. that is the nature of the game.i'm not complaining about that. i play it myself. but if you are knowledgable, i would suggest that indicators such as classic bearish/bullish divergences (indicators such as rsi or stochastics relative to price trends) will serve more reliable and can be applied w better success on issues that have a history and a logic to the chart. not recommending beta 1s by any means, but some of the thinly held stocks that move on mania and have erratic vol and movement are not things i would like to try to analyze.
glad you are doing well.
jeff