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Strategies & Market Trends : Technical Analysis- Indicators & Systems

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To: SteelBlueIce who wrote (456)3/16/1997 1:34:00 PM
From: John K   of 3325
 
Jerry, a few more questions,

"Stocks go up, stay in ranges or go down."

It seems like a lot of the time stocks in and uptrend channel give no indication of breaking the trend untill it happens. If you buy at the bottom of a channel you just take your chances on the stock going to the top of the channel or breaking down. Do you feel you can see the breakdown coming before it happens? If so, what are the signs to watch for?

How do you reconcile KISS and Fibonacci or Gann. These two seem to be the farthest from simple indicators, and based on something mystical or astrological. Have you found from experience that they work for you?

Thanks
John
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