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Re: The_Free_Nebula post# 62191

Saturday, 09/02/2006 12:43:31 AM

Saturday, September 02, 2006 12:43:31 AM

Post# of 311080
I've studied the math and statistical background of just about every theory.

One month it's one theory, moving averages, bollinger, money flow, Williams, AROON, etc., etc.,

What I've learned is that in penny stocks and in low volume microcaps, TA is manipulated. I believe the MM's and hedge funds use TA and sacrifice trades in order to manipulate a chart.

Again, this is my opinion. I've studied the math and the statistics behind the theories. WIthout the volume, without the price that brings dollar volume up, one trader can manipulate a chart.

So, that's where I object when a supposed TA expert puts a chart in a post and makes it look like a fact.

It is an opinion, no more no less.


Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y