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Technology Stocks : Peapod (PPOD) -- Ignore unavailable to you. Want to Upgrade?


To: Bill Hermesmann who wrote (538)12/11/1998 12:17:00 AM
From: Moominoid  Respond to of 1170
 
I agree with you. I prefer daily first and then hourly charts second. I was only replying to Trey about the 15min chart he was referring to. I also have my own TA analysis systems, using longer term Bollinger Bands (up to 34 weeks) and some time series regression based method. On an extremely volatile stock like PPOD fundamentals don't seem to make too much difference. There was some good news on the recent runup, but I've noticed that analysts have been lowering earnings forecasts for PPOD substantially over the same period. Certainly the net news (good and bad) couldn't justify those huge changes in price.

I have found PPOD one of the easiest stocks to predict using TA and have made more on this one than any other in the last two years (and that is with relatively smaller investments). I generally hold my positions for a few weeks on average.

David