Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : lcav -- Ignore unavailable to you. Want to Upgrade?

To: Patricia Meaney who wrote (597)	1/2/1999 10:06:00 PM
From: Jim Mac	Respond to of 942

Quit wasting your time with TA. LCAV's procedure count in 1999 will be up 50% from 1998, and in 2000 U.S. procedure count may approach 1,000,000, pushing LCAV's procedure count up another 50%. If they get out of the multi-specialty laser business, their margins will improve too. Since LCAV is rapidly approaching profitability, and only modest annual EPS of (or anticipation of) $0.15 would double the stock, just buy it now around $1 1/2. Your TA's getting you nowhere. The fundamentals are all you need to catch a winner.

To: Patricia Meaney who wrote (597)	1/3/1999 9:34:00 AM
From: Harry W. Lowe	Read Replies (2) \| Respond to of 942

Paticia, Please refer to the following Clear Station URL for an explanation for MACD. <http://www.clearstation.com/cgi-bin/bbs/Education/Indicators/MACD/1/> Please look at the price action relative to the 13 day moving average. Whenever the price action penetrates the 13 moving average either up (buy) or down (sell), this corresponds to bur or sell action, and frequently in sync with a positive or negative trend. To answer your question, I do use as many technical indicators as possible to confirm my buy and sell decisions, I've been a market technician for over 35 years and it works for me. Fundamentals must be a primary factor in picking a stock, but you need a timing tool for enhancing your profit potential and technical analysis (TA) does the job very nicely. There are detractors to the art of TA such as Jim Mac who followed your post, but don't let his remarks bother you; treat them as you would a "Gad Fly". Silence is the best way to treat such intemperate criticisms. Learn and use TA as you would a Road Map when you take a trip. Enjoy the journey to financial prosperity through technical analysis. Harry