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Strategies & Market Trends : TA- Scans and System Tests

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To: Peter Smith who wrote (445)3/25/1997 8:11:00 PM
From: Richard Estes   of 989
 
one you need a data vendor to provide clean reliable data. TC2000 pro and Quote plus are the choice of most. I prefer Tc2000 pro CD. The scanning capability of both will provide you candidates and elementary TA tools.

Both sites provide minimal TA capability, I have not seen any site that you can depend on for decisions on the market. I am afraid that the only way is theu the software you see mentioned on these boards. Metastock 6.0 would get my vote for charting software that provides the most capability for average person. Tc2000 and Quote plus has better tools then net.

many people invest 1000s of dollars. you would build a house with a $2 hammer and saw. pay for good tools, you will get your money back soon.

Read everything you can about TA. we have been on these boards since sept so there are answers here for most questions.

IMO: don't get sidetracked in chart patterns, Edwards and magee, stick to indicators, resistance and support. i use the INSSOEWDI ( ITS NOT SIMPLE STUPID, OR EVERYONE WOULD DO IT) system. It requires knowing what you are doing. After 29 years, i am still learning.

CANSLIM and IBD provide all the funnymentals you need.

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