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Pastimes : The Big Tex House of Coin -- Ignore unavailable to you. Want to Upgrade?

To: Jeff who wrote (12211)	3/5/2000 3:14:00 PM
From: Jeff	Read Replies (8) \| Respond to of 19297

speaking of sharing info...... last year.....i made many post about how i found a better way to trade.....and mostly how to avoid getting killed by chasing stocks up......or hanging on the daytrader threads and getting dumped on by them..... well.....without going into detail on those posts.....cause most here remember them i'm sure......i'll just say.....i found through trial and ( much error ) a very safe way to get around the dangers of the internet investor..... and its so simple.....don't listen to anybody!!!!!!! take matters in your own hands......and do the hard work yourself.....and it all starts with a simple watchlists.....and a weedwhacker!!!!! roll!!!!! the watchlist.....how do you build one .....easy..... go here.....its just one of many places.....but just click on ( a-z otc )...... fools-gold.com now the hard work.....start entering the symbols on yahoo.....eliminate the ones that don't show up...and eliminate the others if you don't like what you read in the news or profile......then put the good ones on your watchlist...... don't like otc stocks......heres an easy way to find all the big board stocks.....roll!!! just tape the CNBC ticker on your VCR......then.....play it back.....and pick out the stocks you like in your price range.....best part......you can slow it down so you don't miss any.....you will have at your finger tips every stock listed......roll!!! now.....how do you monitor your list.....easy.....i put all my ports on RB since they shut down the old SI .....that way.....i just click up a port....scan down and look for for the ones showing positive price movement.....click the chart.....and read the message board to see whats up......then go to yahoo and look at past news......read the profile.....and do a subject search on SI to see who's been talking about that stock...... now.....if i see alot of positive talk.....i figure something good must be coming.....but.....since i don't listen to....or trust these folks i don't even know...i need an unbiased way to tell me if that stock really is ready to run......i can use my gut feeling.....cause i know trends...and hot sectors.....and can pretty much get a good feeling after doing my dd that a certain stock will run... but my final decision will be based on the chart.....and one simple indicator that i look for...... this is my secret ingredient in my weedwhacker.....and this one indicator can tell me if its a good time to buy.....and can tell me if the run is over.....and i should sell.....or even if i better hold.....cause the dip looks temporary and its coming back soon enough..... heres what i do......now i never read a book on charting...and i don't know jack squat about it.....but i found something that works for me.....and did it my way.....and it has increased my port.....and decreased my losing trades tremendously......it works for me.....and thats all i care about.....and if it works for others who put in the time to study it......great!!! thats why i'll share it......cause those who do understand it...will benefit also from this one simple lil thing.....roll! go to bigcharts.com ......put in any symbol.....click interactive trading.....look at the column on the left.....just click ( lower indicator ) .....and click williams%R......then scroll down.....click ( store chart settings ) ......thats it...... now that williams% indicator will show up at the bottom of all your charts everytime you use bigcharts.....but better yet.....it will show up on your ragingbull charts as well.....and since my ports are on ragingbull.....this makes its so easy.....roll!!! now......what do you do with that...... first.....you must always look at a ( 3-month chart ) ...always!!!!!!!!!!!! now....you think of every stock that has had a big run lately.....then you put in that symbol.....go to the 3-month chart.....and look at what that williams% line did JUST BEFORE THE BIG RUN......YES.....JUST BEFORE THE BIG RUN....... then you compare that line on all the stocks that had big runs......and you will see a similar pattern taking shape......thats very important.....cause you have to find that pattern thats a dead give away to a big run.....and if you do......everytime you find a new stock.....and you look at that williams%.....you will know if that stock is ready to run......or not!!!!!!! example.....if that line is running under the -50 line.....its not going anywhere soon.....might even be in a downtrend.....but when that line starts heading up toward the -50 line...and crosses it.....it might be showtime...and a good time to get in..... one thing you need to look for also......( cup shapes just before a run under the -50 line )and ( pennant shapes ) heading above the -50 line....or upside down pennant shapes under the -50 line......and M shapes above the -50 line..... these can all be strong indicators where a stock is headed.....and they can be strong indicators to buy before the big run...... this is how i find my hand grenade picks......roll!!!!! cause i can see them coming.....its just a matter of time if the williams% line is trending up and over that -50 line....roll!!!!! now you add that to your watchlists along with subject searches.....message boards.....company news....... and you will never have to listen to a guru stock picker again......cause you will be one.....roll!!! but first you have to compare many.....many stocks.....using that williams% line before you get the ( feel ) of where that stock is headed.....its up to you....you can listen to others.....or have the power yourself..... hey...i'm just a little guy here.....and i found a better way...and if i can do it.....i can't see why others can't also...... its your money..... regards