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Strategies & Market Trends : Technical Analysis - Beginners -- Ignore unavailable to you. Want to Upgrade?

To: Spots who wrote (8239)	3/31/1998 8:39:00 PM
From: TechTrader42	Read Replies (1) \| Respond to of 12039

Spots: For a spot of TA at its best, here's the golden key to the SI that was: geocities.com It's Andy's compilation of many of the best notes. Oh for those halcyon days of yesteryear (ref(TA,-250)). Brooke

To: Spots who wrote (8239)	4/1/1998 2:28:00 PM
From: David R. Evans	Read Replies (3) \| Respond to of 12039

Hello Spots, Thanks for letting me know..... There are times when we wonder if anyone is listening. There are many people who do not post but send me personal e-mails with questions and the like. This gives me a good idea of the interest and direction I should take... Now on to Volume...... In most cases I'm more concerned with the spread... If I see a bid & ask of say 10 - 10 1/2 or 10 - 10 3/4 I will move on to another stock. If the volume is low but the spread is 1/4 or less I will jump in anyway.... Also remember that in most cases, Volume will "dry up" right before a big move up.... Look at the charts and watch the volume a week or so BEFORE a big move and you will see what I mean. Another thing to remember is NO ONE KNOWS WHERE A STOCK WILL GO!! We can make educated guessed based on what we think is good information BUT a stock will do what a stock wants to do... I had two stocks I was looking at when I wrote about IMG. The other one was ZEUS.... I even commented to others that I was not sure if ZEUS was ready or not BUT I didn't have any other strong favorites so ZEUS it was... Well, based on today's action I guess ZEUS was indeed ready and IMG is still thinking it over.... All we can do is try...... Dave Evans