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Strategies & Market Trends : DAYTRADING Fundamentals -- Ignore unavailable to you. Want to Upgrade?


To: Tai Jin who wrote (156)6/6/1999 8:39:00 PM
From: Jerry Olson  Respond to of 18137
 
Tai...

agreed...i'm using a daytraders S&P configuration...it's very good...

btw...i like looking at the sector the stocks in as well...on P&F we have both the sector Bullish Percent charts and all the stocks within that sector...very nice...

another indicator is volume..you're right on when watching real time movements in stocks up or down as to whats "really" happening...

i check time and sales for blocks,,,,on Qcharts i have block trades..with Money Flow(MF)..and tick vol at the bid/ask...so i do get a bit of a looksee into what's happening during the trading day...

i'm now working on, a selection of stocks to trade exclusively, both NAZ and NYSE...i see most of you are doing just that..seems like a very good idea<g>...

i've been trading the nets for awhile now...



To: Tai Jin who wrote (156)6/6/1999 8:51:00 PM
From: TraderAlan  Respond to of 18137
 
tai,

<I don't think the specific values are as important since the values may be more or less useful depending on the stock>

You're close to one of the great truths about indicators. The values are less important than your familiarity with them. By using a single set over time, you develop an intuitive feel for how a market will react to them and especially when they should be ignored.

Can't ask for more than that with the best back-tuned, optimized set of numbers.

Alan