Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Technical Analysis - Beginners -- Ignore unavailable to you. Want to Upgrade?

To: Christopher who wrote (10595)	6/7/1999 8:09:00 PM
From: Richard Estes	Read Replies (1) \| Respond to of 12039

I am aware of what the software does, and learned Relative strength from Coppock while you were in training pants. When you answer a few questions, each answer you give up pops red flags on a BS detector. What is tricky about RS comparative in MSWIN? Don't you have 6.52? Any one with MSWIN, look at some charts and confirm to yourselves, what is displayed. See if you can use any Patterns or trendlines for determining entries or exits for intermediate trades of 2 months. See how long the trend is in place before you can draw a trendline. See how unclear the patterns are. Note he doesn't use daily values, he doesn't rank groups by any measure, he doesn't rank stocks. He uses the old eyeball and he memorizes each little dip. As Catlady was testing him with, without using MAs to smooth the plot and ranking them. How can you determine which sector is leading or which group or stock? Remember Trendlines look good in history, but each day you must decide where it will point, most trendlines can't be established until trend is half finished. Don't believe me look at it yourself.