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shadow43560

03/14/05 7:49 PM

#6780 RE: Estimated_Prophet #6778

Ot MSGI barcharts. If you check the "performance" label you will find the performance for each of the indicators that they chart for you. While I haven't checked this stock. Amost every one I have checked for results were very poor. There are often a number of losing trades (short and long) then a good one. But how many losing trades does one want to sustane for one good trade. My opinion this is one of those free sites where you get what you pay for.

About the 100% of all indicators flashing buy..I used to think WOW!..Yes, selling is usually the thing to do.

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MSGI

03/14/05 10:48 PM

#6789 RE: Estimated_Prophet #6778

EP, you are right Barcharts is a black box system and it isn't nearly as good as your analysis. You are also right, in this market, 100% buys at Barcharts is a signal to get ready to sell. In a strong market, like we had most of 2003 in the microcaps, a stock would stay at 100% buys for weeks. However, I watch Barcharts very closley and everytime one of my stocks drops below 50% buys, it almost always goes below 0% buys very rapidly just like PDGE did.