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Strategies & Market Trends : Charts for Quick CASH $$$

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To: Galirayo who wrote (4063)10/7/1997 8:34:00 PM
From: C Wright   of 9262
 
[Sort of Off Topic] Hi, Job ....Any patience left after what sounds like a tough day? If you've got some patience left, I've got some
TA ???'s...

As you know (I think), I just started using SAR and VAP. I've done reading on both of these indicators. However, how much credence do you give them?

i.e., GLFD (not one of the Big Sto) was languishing ... Normally, I would have held onto this one based upon the tight BB's, candles, RSI and Stochastics ... However, SAR moved (going short...?) and VAP was flat ... So, I figured I would bid GLFD a "fond adieu" at 30 and put my money elsewhere ... However, GLFD bid me a "fond adieu" and went up 2 points. Made money on this one; however, I'm feeling kinda dumb at the moment.

bigcharts.com

So, how much credence do you give these indicators ... and what did I misinterpret? If you get a chance, please help me understand this
so that I keep these indicators in perspective. Thanks ....

Carol

P.S. I was hoping you were out with the walleys(?) doing the biting ... sounds like it was a bigger "market" fish nipping away ... Sorry.

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