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Strategies & Market Trends : DAYTRADING Fundamentals

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To: - who wrote (856)6/16/1999 9:12:00 PM
From: Hands Off  Read Replies (2) of 18137
 
Thread, general question. How do you identify a 'trending' stock, etc. Many of the TA tactics I am trying to learn require you to know if the stock is trending. But they don't really tell you how to do this. Elder does it a lot.

This weekend I attended a seminar from OmegaResearch and they talked about 3 stock patterns, Trending (Dell was the model), Volatile, (CMGI the model and No trend - forget the model. But I still can't figure out if you can precisely identify these patterns.

Any help. TIA and great, great thread.
Marshall
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