AI
Monday, January 06, 2003 10:41:51 AM
MT, this is a bit of an oversimplification but, from a TA
viewpoint it's really not important why a stock's
price moves, but how it moves.
To be more specific, sure, companies use meetings and such to
try to jack up the price of their shares. But, within the
market as a whole there are always interested parties working
to move prices up or down, both for specific issues as well
as for the overall market.
What TA asks is To what degree are "they" succeeding in
moving price?
HTH,
(:
MDA Thread #board-1320
Turnips Thread #board-1125
Trading Info #board-1220
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viewpoint it's really not important why a stock's
price moves, but how it moves.
To be more specific, sure, companies use meetings and such to
try to jack up the price of their shares. But, within the
market as a whole there are always interested parties working
to move prices up or down, both for specific issues as well
as for the overall market.
What TA asks is To what degree are "they" succeeding in
moving price?
HTH,
(:
MDA Thread #board-1320
Turnips Thread #board-1125
Trading Info #board-1220
Like my charts? Join StockCharts! http://www.stockcharts.com
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