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


To: Teresa Lo who wrote (1383)6/25/1999 11:35:00 AM
From: keith massey  Read Replies (1) | Respond to of 18137
 
IntelligentSpeculator.com

Thanks for the your take on the S&P's. I use similar parameters (I think this is one of the most popular combos) and also throw a 20 period BB on the chart. If there hasn't been a trend in a while (low ADX/VHF) I will also watch some of the standard oscillators. I'm not a big believer in using oscillators to trade but I know other groups what them so they can become self fulfilling prophecies.

I figure there are many more minds brighter than mine who try to figure out all the correlations between everything I can possibly think of, but their actions are all over the S&P tape anyways

That's the greatest thing about reading the chart (techical analysis), you don't need to do all the extra number crunching during the day...leave that to the big boys.

Best Regards
KEITH