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Pastimes : ASK Vendit Off Topic Questions -- Ignore unavailable to you. Want to Upgrade?


To: Jim Baker who wrote (1367)8/14/1999 3:47:00 AM
From: Venditâ„¢  Read Replies (2) | Respond to of 19374
 
Jim

When I was first learning to apply charts in finding entry and exit points I was taught to find stocks that have a general chart with a saw tooth pattern as the best to use TA on.

This pattern means you have a stock that is volatile in both directions which makes them more predictable and profitable to trade. Small biotech stocks seemed to be best for this until I found the Internet sector.

Some sectors are easier to trade profitably than others based on MACD and the other signals I use. I have no explaination for this. I always look at a stocks past one to two year chart history to make sure it gives reliable signals before I buy it.

I hope this helps,

Vendit