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Technology Stocks : Concurrent Computer (CCUR) -- Ignore unavailable to you. Want to Upgrade?


To: Arthur Tang who wrote (3915)6/2/1998 9:00:00 AM
From: Christiaan McDonald  Read Replies (3) | Respond to of 21143
 
Arthur, I respect Technical Analysis, but in the past it has been a
very poor indicator for when to buy or sell CCUR. It tends to get
you in at the top and out at the bottom. Now don't get me wrong, I
do think CCUR can be traded very successfully, I think Steve Olivier
makes good money trading it. I don't know his system but I think
(he can correct me on this if necessary) it involves more than just
TA. I got very amused at a TA type posting on Yahoo, he gives all these predictions of 3 1/2, 3, etc. but he says "remember my
stochastics had me out during the big run". Also, remember this,
much of the buying near the short term (I hope) top were TA types.
But if anyone wants to try, good luck because trading provides a lot
of liquidity and some day I am going to want to sell to someone.
Ken