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Strategies & Market Trends : Technical Analysis - Beginners
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To: CatLady who wrote (10546)6/6/1999 2:46:00 PM
From: Christopher  Read Replies (1) of 12039
 
CatLady, I am an intermediate term trader. I try to hook up to stocks as early as I can to get the most I can from the move. However, there are cases where you can use indicators for buy signal for example, If ADX hits 30 and it still going up that would indicate that the stock is in a very strong trend. You can buy it and try to make some money. I don't do that because I feel that the stock has already made a big move. If you are a day trader then these stocks may not be too bad if you want to trade them. Cooper has a book on Momentum investing where he looks for stocks like these and uses I believe Stochastic for entry and exit. I myself do go that route.

Christopher
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