ADO Analysis, page-3

Going by the weekly and monthly charts, we are on a good thing i.m.o. and it seems no one is becoming over excited
but instead reading announcements and waiting. Some waiting for an eternity it must seem. Poor buggers. But with
the right announcements they will get their money back I think and that will be where the selling will come from maybe.

So much will depend on the next couple of announcements and yes for a slow typist it takes forever when I double check
everything.

With charts so much is relative and some rely on just RSI - relative strength indicator maybe for the daily but forget
what the weekly or monthly is doing. Are people slowly accumulating etc? Some indicators are leading and others are
lagging and cannot always be predicted.

Anyhow if you ever want to learn I would recommend a book by Martin Pring and it is titled Introduction to Technical
Analysis. It also comes with a disk so when you have finished studying the book you can take a test. Maybe on the Xmas
wish list as someone who has every thing, if you are into that sort of thing. LOL

Note I said study as opposed to read. Try applying it randomly to various companies that might interest you.

Some would question why I like such a long history. When something goes pear shaped I am the first to look for worst
case scenario using charts. STO was a good example.

I do something similar on another thread but have given this priority today. Will do the other tomorrow.

The greater the risk the better the reward and yes I have taken a risk as have others who have averaged down. GLTAH