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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: HairBall who wrote (41818)3/1/2000 7:08:00 AM
From: Jerry Olson  Respond to of 99985
 
Hi LG

actually P&F does lag all candle reversals or other types of early warning TA, i use QCHarts too, but i still have my own parameters on when i trigger an alert, to an actual buy..

so i personally stick with P&F's breaking of resistance on the charts..like triple top breaks or bullish triangles..on volume spikes, using the 5 min 20 period mva...

we traded NGEN on the bull tri break..CMGI at 126...HWP 132 etc etc...yes i am behind the curve a bit..

but i have confidence in being "sure" of the move...it's more conservative..but comfortable for me...

regards OJ