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[sharechat] MET Chart

From:	Phaedrus <Phaedrus@techemail.com>
Date:	Mon, 23 Sep 2002 02:34:43 -0700 (PDT)

 MET is also in a clear downtrend which has been running for about 6 months. 
This stock has quite volatile price action, with short-term swings of up to 
20%. The probable cause of this is the erratic volumes traded, with no trades 
at all some days. This makes TA less reliable in that an extreme spike can 
trigger a premature buy or sell signal.

 A suitable oscillator to use with this type of stock is the Relative Momentum 
Index, as this will help moderate the price fluctuations to some extent. The 
RMI gave a buy signal about 6 weeks ago.

 Cautious buyers would wait for a trendline break.

           Phaedrus.

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