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reallybadtrader

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reallybadtrader

Re: siriusadult post# 5138

Tuesday, 04/03/2007 10:43:42 AM

Tuesday, April 03, 2007 10:43:42 AM

Post# of 9101
That website has been around along time. They come up with buy/sell signals based on TA. As I said there before this stock will not trade off TA because there is not enough liquidity for traders. TA is works because of the "herd mentality" that occurs in trading. TKO is a very ill-liquid stock that does not have enough volume to generate the type of interest traders look for. Trading desks are mostly like not touching a stock with under 500m shares traded a day. a 50m share order can effect the price by several % points. Thats no good when you are scalping.
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