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Pastimes : ASK Vendit Off Topic Questions -- Ignore unavailable to you. Want to Upgrade?

To: Vendit™ who wrote (467)	5/29/1999 12:43:00 PM
From: Elroy	Read Replies (1) \| Respond to of 19374

Hi Vendit, I don't really know how this thread works, but I have a question perhaps you can answer. A company that I follow recently moved from the Nasdaq market to the Nasdaq small cap. U.S.-China Industrial Exchange Moves Trading to NASDAQ Smallcap biz.yahoo.com They probably did this because their asset base fell below Nasdaq requirements. The question is, what, if any, are the implications of the move on the share price, liquidity, etc.? Should I care, as an investor, that this has happened? Elroy

To: Vendit™ who wrote (467)	5/29/1999 1:41:00 PM
From: Vendit™	Respond to of 19374

To Talib, askresearch.com In the chart above I stated on May 28th to Annette that a buy signal was in the making for AOL. The chart you sent me is a "live chart" as are most charts I link to this message board. They will stay current even after they are linked to a message board. They are not a picture of a chart but remain active. On or about the day of that post you will notice the green line is laying exactly on top of the red bars. This is a common sight the day before the red bars grow taller plunging the green line into the red bars signaling momentum is present. In the case and date I sited the signal broke down technically as did the price the beginning of the Internet meltdown we are just receiving from. Look again at the chart and see the same set up on January 28th(the leveling of the green line with the top of the red bars), the price moved up $15 then. The same set up again on February 25th, the price moved from $80 to $170 before retracement began. As to your question about candles being a buy signal, I didn't mean to infer that a candle can be seen as a buy signal. From the other side of my mouth I will tell you that candle formations are very good in helping to find reversal patterns when a stock is rising or falling. In the case example you used I was using the long open candle as evidence that the following day would be another up day for AOL and in deed it was. The only trouble was that the candle on that following day was long and black indicating that the next day the stocks price would fall. Candles are used by me for very short term price forecasting as well as helping me decide where a stock is going if other TA signals look cloudy. The correct setting for the indicators are as follows for finding buy signals as well as trend watching. MACD............8-17-9 RSI.............14 Williams........R% 12 Stochastics.....15-5-5 Money Flow......13 ROC.............16-8 Bollinger.......10 Candles In case you had missed this link I found it very helpful in understanding how to interpret these indicators. askresearch.com I'm happy to answer any questions you might have. vendit