SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Intuit -- What's Its Future?
INTU 656.39-2.6%12:19 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: chirodoc who wrote (940)1/8/1998 7:22:00 PM
From: TLindt   of 1546
 
>>>....yes, got them but have resisted joining.......

Me too....but the charts are free....the research(fundamentals) behind them cost money.

I use the charts Stochastics & MACD only to see how someone could even trade blind....without(fundamentals)....going only on TA. That Gal Deb Orlow was TA to the Max. But they do...according to my Gal Broker....Stochastics shows graphically the number of Sellers & Buyers at a particular point in time and price. Something like an overbought/oversold indicator.

When the solid red line in the case of those charts approaches the upper limit of 80+ you are running into an overbought situation....when the blue dotted line exceeds the red solid line...more people are selling the stock then are placing orders to buy. And at 20+ when the Solid Red moves above the Dotted Blue...more People are placing Buy Orders then selling........can anybody clear me up if I am off base.

I'm still trying to learn this thing. But from what I know from above it works....timing as been really good.

I use the MACD to confirm the down trend......only thing I've found that screws this thing up is the NEWS that may hit the Net on any given day.

I've tried it many times over the past 4 months with excellant results.

In fact 58 out of 60 trades were profitable. The 2 I lost on I was a pig.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext