Check out 'chart school' at stockcharts.com, explains bollinger bands and OBV [on balance volume] better than i could ever do, lots of other indicators as well, very interesting for those interested ... none of it is infallible of course, imho you can never ignore fundamentals, i just sort of look for patterns i recognise, but always with the full weight of fundies in the back of my mind ... sometimes when TA is really really ugly i'll buy, because hey, how could it possibly be any worse ... [don't answer that anybody, i found out already the hard way a couple times, that no matter how bad things get, they can always get worse]
Two stock p.f., man i couldn't do that ... not only for the weight of risk each pick would have, also for missing out on the satisfaction of participating in a wider variety ... sixty does leave you spread pretty thin on the due diligence front though, hard to keep up in depth ... still, there's sport in this as well as making a buck, since computers it's become a video game for the wrinkler crowd, quite civilised, don't even have to shave or get dressed up, never far from the beer fridge |
