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Rambus Inc. Message Board

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  • noelco_4_me noelco_4_me Feb 7, 2004 12:55 AM Flag

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    "does tech analysis carry the same weight with you on a news driven stock like rmbs?"

    Yes, in fact for a news driven stock it actually works better since it is a graphic representation of the sum total of all information pushing the stock one way or another.

    "if the ftc decision came out monday, would that trump all your stochastic stuff here?"

    No, it would only be the confirmation of what the stochastics are already showing to be the largest possibility in the first place.

    "all ta might do is factor in what the street believes the ftc will do but, they could be wrong "

    I might phrase it a little differently... What TA does is indicate which way the likely direction will be and when that turn will take place. The indicators are never wrong...only those who read the indicators incorrectly are wrong.

    Good Investing, Ken

 
RMBS
14.40-0.09(-0.62%)May 22 4:00 PMEDT