technicals According to Larry Williams 1972. Worked as a specialist at the New York stock exchange. Was successful at breaking down the real buying and selling in blue chip stocks, i.e. by using high, low, opening and closing price formula and then dividing the volume by these two functions and was able to plot these on a chart to see if the volume and prices were being manipulated. These were done with blue chip stocks only and he would never use his formula for stocks trading under $15.00 because these stocks were MANIPULATED so much more easily. THAT is not to say that stocks aren't manipulated. He wrote a book about his findings and then the stock exchanges quit putting the opening prices in the newspapers stock listings, This was just as faster computers were coming into play. Of course he became a millionaire before he wrote his book and sometime his formula still works but it is not foolproof.Now today most stock orders are FRONTRUN before you get your fills if you aren't trading by computer. The biggest brokerage houses will soon begin installing fastercomputer trading lines between Europe and the U.S. Just for some of you who aren't familiar with the definition of Front Running in my way of thinking is, i.e. you put an order into your broker and if he thinks you aren't savey enough and don't have computer info. at your finger tips he will fill this order for himself and then sell it to you and he clips a little extra on commissions. NOT all brokers do this. Back to technicals everyone uses most of the same analysis so they become useless and sometimes they do work, but keep it simple when trading. I look for blow offs with big volume. Your not always right but at least your money is not tied up for too long. Especially in penny stocks unless you know somebody on the inside. REMEMBER REMEMBER REMEMBER The Main brokerage house who has the insiders following will have filled their inventory before any news is released and will also have sold most of all their stocks before you even know it. I find penny stock technicals are okay if you are not going for broke.I know too, a lot of you folks on these sites know a lot but sometimes this saves some of you $$$ by learning from other peoples mistakes.I took one of his other courses in 1975 but I found this one too technical and mathematics wasn't my best skill. I don't hold cuu right now but who knows Teck could buy it out and give you a few shares along with forming a new company with some dollars (just like getting a IPO)and the shares trade right away.GOOD LUCK