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Strategies & Market Trends : Candlestick Charting--The unknown indicator

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To: Tom L. French who wrote (705)11/22/1997 4:37:00 PM
From: MonsieurGonzo  Read Replies (1) of 1589
 
TomLF; RE:" Trading with Candlesticks..."

NAV3 is Netscape Navigator v3.02, Tom. I run it and then click on "File"... "New Web Browser"... and open 4 more of them, and run all 5 simultaneously, each pointing to something different.

ISDN is great in the States - I used it in San Francisco, Tom. The phone company installs an ISDN line to your house, which consists of two separate phone lines (so you can eliminate one of your existing phone lines, if you want to). Each line is 64Kbaud digital. You can run at 128Kbaud by "bonding" the two of them together (the hardware does all that). I used a pretty classic set-up: a 3COM Etherlink 10/100 Mbps PCI card in my PC, with a wire to an Ascend Pipeline router, with a wire to the ISDN telephone jack on the wall. Windows' handled everything with no additional software. Connections are almost instantaneous - it is as if the 'Net is connected to you like a Local Area Network! Although this sounds simple, the hassle of setting this equipment up, coordinating the ISDN line from PacBell and the ISP was... well let's just say you gotta be really motivated! There are simpler ways to do it, I am sure.

In Europe, ISDN is very expensive - because local phone calls are billed just like long-distance calls in the states: you pay by the minute. It costs me about $100 a week just to make the local call to my ISP here in Paris, and trade on-line. Other than that, the quality is always superb (always 33.6K strong connections). My brokers get bogged down during heavy volume periods, open and close :-( but I've learned to live with that, like everyone else.

Well, I'm learning how to trade OEX options on the WWWeb, using Candlesticks to do so. It's... another level man. I am still not sure if I can handle it. We'll see!

-Steve
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