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


To: TechTrader42 who wrote (8309)4/21/1998 12:11:00 AM
From: Lee Lichterman III  Read Replies (1) | Respond to of 12039
 
Do your indicators show a projection of direction. This one may defy TA as I just found a bizarre rumor that could explain the weird movement which has no reason. If this is the case and it proves true, then there will be no way to predict the bottom. I just wanted to see if DAHL or another system I don't use showed the drop ahead of time and gives an indication of bounce point. My stochastics are about bottomed and so close they should be crossing.

Rumor is some white collar crooks, not associated with the company, used stolen money (80 million) to buy stock of which this is one of their holdings and the fed is selling it all off for reparations. Just my luck. 9000+ stocks and they load up on one of mine. <VBG>