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Strategies & Market Trends : Technical Analysis - Beginners

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To: Richard Estes who wrote (7288)12/18/1997 9:46:00 PM
From: Chris G.  Read Replies (1) of 12039
 
Thank you Richard for the "organizing" letter, that helps alot! I've read O'Neils book, and have decided on my trading time periods (7-21dys). Though I cannot afford to trade stocks >$25 if I want to make some profits, but I plan to stick w/ stocks >$10/sh.

I spent the last several hrs. looking thru about 50 charts and running two sys. tests on them. 1. DNS>7.5, and 2., this fml:(Mov(C,5,E)-Mov(C,13,E))-(Mov((Mov(C,5,E)-Mov(C,13,E)),40,E))>0 AND Fml( "SRSI14") >30 AND Fml( "Dahl Primary Trend" ) >0 AND OBV()>40 AND MACD() > Mov( MACD(), 13, W) for entry. Similar to DNS actually. I need to run more tests between the two, though briefly looking, DNS did a little better.

Thanks again for the info.

Chrisg
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