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Strategies & Market Trends : Technical Analysis - Beginners

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To: David R. Evans who wrote (8246)4/1/1998 4:32:00 PM
From: Dick Brown  Read Replies (2) of 12039
 
I probably make more mistakes than anyone else but I have to comment on ZEUS vs IMG..What I see quickly you would be buying IMG at resistance, not good , and buying ZEUS close to support, good.
The IMG hasn't been able to crack resistance around 12.07, 12.18 and 11.875.. why would I buy now hoping it will crack those levels less than a point away??..Anyway, thats how I think, for better or worse..
Hope you are in ZEUS and not just looking at it<GG>.. Good Job..IMO, good old fashioned chart reading beats all..It doesn't matter if its subjective, if you are good at it.. Nothings faster than price..Anyway most of the systems here are built on prejudices anyway..Makes no difference..if it works , is all that counts..
Dick..
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