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Strategies & Market Trends : Technical Analysis - Beginners

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To: David in Ontario who wrote (9128)	2/2/1999 12:15:00 AM
From: keith massey	Read Replies (2) of 12039

Almost all the major program (e.g Metastock) have some type of canned analysis. However in my opinion it is very dangerous to listen to these pre-programmed analysis. I believe it is more important to fully understand each indicator your using and why you are using it. "Teach a man to fish and he will eat forever" In the case of VNE it looks like it has developed a very classic flag at half mast formation. No T.A program is going to find this formation for you but it sticks out like a sore thumb on the chart. Check out hardrightedge.com for some basic chart patterns. Best Regards KEITH

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