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Pastimes : ASK Vendit Off Topic Questions
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To: brk who wrote (18677)2/1/2001 12:44:17 PM
From: Walkingshadow  Read Replies (2) of 19374
 
brk,

I rarely look at 2 min charts. Too much noise, too many false signals. Also, I find technical indicators to be less and less reliable as you move to shorter time frames. I think you get all the information you need from a 10 min chart, and longer (30 min and 60 min) charts should be used in conjunction with this.

This would not apply to extremely volatile, fast moving stocks, but these can be very tricky, and certainly require you to be very, very nimble.

JMVHO.....

WS
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