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

To: Sean W. Smith who wrote (10124)	4/26/1999 8:33:00 PM
From: mikeman	Read Replies (1) \| Respond to of 12039

Sean etal, Is that Brookelise's site? I think it is. I've been unable to access get that site because it hangs as it loads. Mike

To: Sean W. Smith who wrote (10124)	4/26/1999 10:06:00 PM
From: TA2K	Read Replies (2) \| Respond to of 12039

"I have seen stocks go days without trading... Bottom Line for me on that issue is I don't trade non liquid stocks...." (Hope you don't mind switching this little discussion over to here.) Please define 'non-liquid' stock. Would you agree that if you noticed a *no-activity* period for a stock that normally would have some trading in that period (in the present case, 30 minutes), that that could serve as an indicator of some sort? How I approached it in part was to how the market would respond following the activity -- would selling accelerate, or would buying accelerate. One or the other may be expected to happen, responding to the anomalous inactivity. What followed was that selling seemed to appreciably decrease, but buying seemed to proceed at the prior pace. My interpretation then went that an increase in price is more likely than a decrease. Because of this, and other reasons TA in nature, I'm long in that stock now. I guess I'll see what happens tomorrow.