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Strategies & Market Trends : Technical Analysis - Beginners

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To: David R. Evans who wrote (1799)	1/6/1997 5:29:00 PM
From: Robert Meany	of 12039

Dave: Your home page looks great and is easy to move around. Also, thanks for help for a novice TAer. Got WOW last week, looked thru yours and others posts up to 250 (still more to go), and was able to use the 5 13 40 and put it into a template in the program. Tried it on all stocks I own (8), and it (going back over last 6 months), accurately portrayed the stocks performance - I was stunned, I used the 5 and 13 MA (exp) to do short term trades. If I had actually used this program and formula I would have been up about 42% !!!!! Am in the process of reviewing Investors now for all stocks under $20 with 80 eps and 80 rs - My investment style has been new Companies with good potential, its hard to look strickly analytical - I am thinking of using RS over 90 and eps of 50 or more as this seems to bring an additional class of stocks that are little more riskier, but potential earnings (and losses) could be greater. Have you (or anyone else on the board) used different indicators from IBD and consistantly been successful - or am I looking for trouble? Again, thanks for yours and everyone elses comments. I may retire early and do this for a living!! Bob

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