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augieboo

01/06/03 10:41 AM

#4056 RE: MarketTurmoil #4053

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,

(:


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