Simply put, an investor who is more concerned with the technical aspects of a stock's price movement rather than fundamental issues (such as a particular firm's know-how or ability to compete at the business level). One does not invest in technicals, one invests in stocks. The term "technical investor" is a term that has been used in textbooks for business schools, BTW, so I used it here for shorthand purposes. Apparently it didn't work.
There will be massive programmed trading tomorrow if we close below the 23.92 just like what happened when we went under the 50 DMA. People don't beleive me this is avery serious stuff if we close below that we are headed down to the $22 range. This is big!!! Re: Stock dangerously close by: ROATAN_MAN (39/M/Quincy, MA) 11/28/05 10:43 am Msg: 1347 of 1381
caveat emptor. If we close under the 200 DMA I will sell my entire position at the close and wait for a reentry point
Maybe you should worry less about your huge ego and more about your frigin stock. And if you watched the stock trade the last min there is noway anyone could have know if it was going to close below the 200 DMA. Infact almost every trade in the last min was above 23.95 except for the last few it s called painting the tape, And the shorts obviously wanted us to close below that number. This wasn't a significant break of the 200 DMA since on the day the nbr trades below the 23,92 was probably less than 3-4% of the total volume.
If you knew anything about trading you would have know it was impossible to determine based on ther trading. You are a jackass and now I have you on ignore also. I will tell you this if we open down tomorrow I am out also so make sure you announce that to the group.