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Gold/Mining/Energy : Oilexco Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Taff who wrote (186)	12/6/1999 12:50:00 AM
From: Jim Bishop	Respond to of 551

I'm working on a web page as I get asked that a lot. Scouser is a better person to ask than I and you can find him here: Subject 29742 See the next post for more, from Big Charts. For the moment, here's a post I made on RB yesterday (Bijou is me) By: Bijou Reply To: 8343 by jdell Saturday, 4 Dec 1999 at 11:55 PM EST Post # of 8372 jdell, from Big Charts. bigcharts.com Okay, from memory. Go to Big Charts, click on "interactive chart". Now on the left hand frame you have lots of choices. Symbol is obvious, so punch that in. The one I posted, 4 charts actually, is from top to bottom: Time = 3 months Frequency = daily Compare to = don't use it much Now, indicators: Moving average = none Upper Indicators = Bollinger Bands Lower Indicators 1 = Volume+ Lower Indicators 2 = Williams%R Lower Indicators 3 = MACD For chart styles, I like: Price Display = OHLC Chart Background = default Chart Size = medium Okay, once you get that all set up, store the chart settings and bookmark the whole mess. Now to post something like I did, you get the charts up, then put your mouse inside the chart, right click, click on "view image(chart asp etc), then highlight that url, right click again, copy, and past into your post. clearstation the "Education" section is great for learning. Whew, hope that works, gumbo is ready, I'm pouring some wine, and eating Cajun tonight. I think I have other links here. www3.bc.sympatico.ca

To: Taff who wrote (186)	12/6/1999 12:59:00 AM
From: Jim Bishop	Respond to of 551

Bollinger Bands, created by John Bollinger, are a type of envelope (or trading band) plotted at standard deviation levels above and below a moving average. Because standard deviation measures volatility, the bands widen during volatile markets and contract during calmer periods. "Sharp price changes tend to occur after the bands tighten, after volatility lessens. "When prices move outside the bands, a continuation of the current trend is implied. "Bottoms and tops made outside the bands followed by bottoms and tops made inside the bands call for reversals in the trend. "A move that originates at one band tends to go all the way to the other band. This observation is useful when projecting price targets." This indicator is displayed in two bands that are plotted at standard deviation levels above and below a moving average. BigCharts calculates the moving average using a time period of 20 bars, i.e., 20 frequency intervals. Bollinger Bands provide a view of the current trading range. They can be used with other indicators to determine when it's time to buy or sell. --------------------------------- The Volume+ indicator identifies by colored bars when the trading volume contributed to a gain in price and when the trading volume was associated with a loss in price. The colors are labelled in the legend above the indicator. In addition to the color coding, the Volume+ indicator displays a symbol's 50-day average volume as a reference point. ---------------------------------- The Williams%R is a momentum indicator that attempts to measure overbought (bearish) and oversold (bullish) levels. According to some market analysts, when the indicator reaches levels of 80-100, it suggests the security is oversold, and readings in the 0-20 range signal overbought conditions. ----------------------- Gerald Appel's MACD (Moving Average Convergence/Divergence) indicator shows the relationship between two moving averages of prices. MACD is derived by dividing one moving average by another. It is based on the point spread difference between two exponential moving averages (EMA) of the closing price. The basic MACD trading rule is to sell when the MACD falls below its signal line and to buy when the MACD rises above its signal line. Some analysts use MACD as an oscillator and believe it is most effective in wide-swinging trading markets. They believe that when the MACD rises dramatically, it is likely that the security's price is overextending and will soon return to more realistic levels. Other analysts prefer to use MACD as a trend-following indicator, attempting to spot divergences in chart patterns. For example, a bearish divergence occurs when the MACD is making new lows while prices fail to reach new lows. A bullish divergence occurs when the MACD is making new highs while prices fail to reach new highs. These divergences are most significant when they occur at relatively overbought/oversold levels.