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Strategies & Market Trends : TA- Scans and System Tests

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To: Richard Estes who wrote (80)11/7/1996 7:52:00 AM
From: Nydia   of 989
 
Hello there Richard. I decided to visit this board (gee, there are so many of these boards around, it's hard to get to them all). I run BBB and many of the same stocks mentioned here (such as PMRY,ORCL,MASX etc) also fall out of my scan. My problem still is that I don't know when to get in or out. I've read O,Neil's book but IMHO it doesn't describe the chart patterns in detail. It just mentions things like cup & handle, bases, etc but not in detail and try as I might, I cannot see these patterns in the charts. I can't determine support/resistance. So I look at these charts in TC2000, they all good because 5MA>13MA>40>, MACD,TSV,OBV all +Ve but I haven't been able to develop a system that indicates when a stock is a good buy/sell. I'm thinking of moving away from TC2000 and to another software system to see if that will help me.

Is it just me or are there others who are having difficulties?

Regards.
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