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Strategies & Market Trends : Technical Analysis - Beginners

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To: Wildstar who wrote (9316)2/15/1999 12:13:00 AM
From: Perry Ganz  Read Replies (2) of 12039
 
Thanks Wildstar
Great chart I bookmarked it
If you look back to right after June 98 on the chart, you can see that the Dow made a new high but the 50 day MA just barely inched up, giving a leading sell signal.
That is what got me asking about NH/NL. I read IBD and they list the NH/NL every day. I remember them rolling over before the broader indexes last summer.
Your chart gives me an idea I would like to create a chart plotting all the new highs (NYSE NASDQ AMEX) and just the NAZ 100 on a 10 MA.
I trade options on basically the 3 stocks I hold long (MSFT,CSCO and DELL)
that is why I would track the NAZ 100
If you could suggest a simple charting software it would be greatly appreciated SIMPLE being the key word here.

Craig and Paul thanks for Decision Point a wealth of imfo their
Perry
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