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Gold/Mining/Energy : Armchair Analyst's Club (T/A & Fundamentals)(Pennies)

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To: Ronald P. Margraf Sr. who wrote (9)6/4/1997 9:05:00 PM
From: Fred Benjamin   of 82
 
Good Evening Ron,
Just thought I would drop in and give an idea on how I use T/A to get a clearer picture of what a stock is doing.
With the software that I use I set up my charts to show me Bolinger Bands with a deviation of 2 and a MA of 10, and also I use Stochastics ( %K=28, %d=5, %D=5
and an overbought signal @ 80 & an oversold signal @ 20) which gives me a clearer picture of where (hopefully) a stock may be going.
Onc a week I download all the stocks on VSE,ASE & TSE (the three exchanges that i'm interested in) and my software allows me to scan all of them within a few minutes, with the peramiters that I have set I then only look at about 10-15 stocks that fall within those peramiters and then I download those ones every night along with the ones that I have a vested interest in.
Now that I have said how I do it I would like to hear from others that can blow holes in my way of doing so that I can try other methods & maybe learn something which is what this should all be about, Fred

P.S. ALL SPELLING ERRORS ARE INTENTIONAL !!!!
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