Ocracoke,
I am not a TA expert, but I have done some reading and used this knowledge to my advantage on a few occasions. There were other occasions I should have used this knowledge and I did not and... I regreted it. A classic example was when IGR was at around 70c and falling. The chart was giving me a clear sell message, but I liked IGR and its fundamentals too much. If I sold then and purchased at 10-20 cents I would be sitting on several million IGR shares at the moment ;-(. I hope I have leared my TA lesson on that occasion.
Regards,
Dratoz
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