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Strategies & Market Trends : Technical Analysis - Beginners

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To: Michael Watkins who wrote (9849)	3/15/1999 2:24:00 PM
From: BuddyW	Read Replies (2) of 12039

Michael, I have a TC2000 scan that identifies an inside day, with a stoch(12,5) rising thru 20. This only gives me candidates. I then look at various MACDs to try to single out buy opportunities. I'm only paper trading at this time, as I am still searching for a system that works. I can't say for certain that inside days is a good indicator. The last few stocks that came out of this scan are RDRT (even), DPRC (down), NEV (up-due to oil sector rebound I think) and NSM (even). I wanted to backtest the scan, but TC2000 has no way to do this. I'm not ready to throw inside days out yet, but I have not been able to find the right combo, if you will. I am very new to TA, so take my comments with a grain of salt. I have not posted to date about TA, because I am still reading, learning and trying various techniques. fqwiii...

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