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Strategies & Market Trends : Technical Analysis - Beginners

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To: Richard Estes who wrote (9033)	1/2/1999 1:12:00 PM
From: Daflye	Read Replies (1) of 12039

Also, I used the 50 and 200 because they seem to be the most commonly used measures. And that matters only because more $ will be shifted based of that. Sort of a self fulfilling phrophecy. And because I don't really have a "system" yet, so I fell back on "chart reading 101". heh heh heh. And I was secretly hoping to draw a few responses from the wiser posters on this thread. But I want to keep things simple. Price and volume are good places to start. Breakouts or breakdowns, consolidation, churn, support, resistance, and some funny-da-mentals. I don't have the tools yet to make use of MACD, or stochastics, or any multi-syllabled word that seems to belong in a Quantum physics text. heh heh heh I'm a simple man. I fear the "Underpants Gnomes", mis-spell many words, and eat oatmeal. Hope that helps. heh heh heh Darin

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