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Strategies & Market Trends : Technical Analysis - Beginners

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To: DRRISK who wrote (9845)3/15/1999 12:26:00 PM
From: peter n matzke  Read Replies (2) of 12039
 
Hi Dr Risk,

I had looked at the chart of ORCL over the weekend and noticed that it had completed a 50% retracement of the oct 98 to feb 99 move. But i have also seen plenty of stocks go to the 62-68% line.
I must confess that i am not much of a bottom picker. My preference is for stocks with an RS over 90 and within 15% of their highs.

How do you pick your stocks? What criteria do you use? Indicators? Triggers?

Thanks
regards
peter
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