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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 684.83+0.6%Dec 22 4:00 PM EST

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To: chartseer who wrote (45476)2/6/2013 4:33:14 PM
From: quote 007  Read Replies (2) of 220596
 
i'm a big user of pnf charts but something i use in conjunction with them is a regular chart--since your using stockcharts put in a 15 day moving avg and a 30 day moving avg--look at any stock you want--i also put in a 50 day
when the 15 day moves above the 30 day is usally a great time to buy--and when the 15 day moves below the 30 day is a great time to sell--look at apple--it would have gotten you out back in oct--
with the pnf chart i like it to be on a positive trend(like jdsu which just recently turned positive) and i like the rs vs spx to be favorable--if you have all 3 of those things in your favor you have the deck stacked in your favor
i pretty much only look at sectors these days--

just my opinion and method for what its worth
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