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Technology Stocks : Y2K (Year 2000) Stocks: An Investment Discussion

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To: Kip518 who wrote (6326)9/20/1997 11:28:00 AM
From: tech   of 13949
 
Ron, You are correct, I do have AIQ Trading Expert, but I too have found that AIQ tends to give false and conflicting signals often.

That is why I do not use it alone. I also have MegaTech Charts, and SuperCharts. The are a little less user friendly than AIQ, but are more accurate.

Once I get confirmation on the specific signal, then I usually post the AIQ rules along with some specific aspects from the other two programs.

I would strongly recommend AIQ to anyone who is interested in beginning to learn how to chart stocks. Some of these programs get quite expensive, and it is better to learn with a relatively inexpensive tool before anyone goes out and spends a lot of money on a professional version.

I find that, in my case, being able to confirm signals with 3 different tools tends to be very accurate. I am usually able to weed out the false signals and pick up on the weak ones that might be missed by using one single tool.

I often find that the best signals are the non-confirmation price vs. OBV signals or the Split Volume Moving Average (SVMA in AIQ) as it pertains to price action over a one to two week trading period.

If you use AIQ, I would suggest you change you ST, IT, and LT Moving Avgs. to a 9day, 28day, and 49day. This will give you much better short term signals. This is especially helpful for the fast moving y2k stocks.
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