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


To: gonzongo who wrote (10770)10/6/1999 8:47:00 PM
From: sweetchuks  Read Replies (2) | Respond to of 12039
 
Hi to all. I've been trying to draw channels to show a change in trend. I'm wondering what basic rules there are for drawing them. Currently, in a downtrend, I'd draw from the highest peak to the lowest low and extend right (in MSWIN). When should i use Raff, and when do i use Std. Error? I suppose your choice depends whether you are long or short-term maybe?

sincerely,
sweetchuks



To: gonzongo who wrote (10770)10/7/1999 6:40:00 AM
From: brichard  Read Replies (1) | Respond to of 12039
 
thanks gonzongo.
you ask, what is the attraction of BB stocks?

Often they are very volatile like the huge internet stocks. A position trader can trade this volatility while being able to buy many thousands of shares cheaply. It's not uncommon at all for a decent BB stock to go up 500% - 1000% in a short period of time.