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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?


To: marquis103 who wrote (97351)4/16/2000 8:03:00 AM
From: Bouf  Read Replies (1) | Respond to of 108040
 
To all....Let's not forget...no matter what we read here....it is "I" that must decide when to hit the buy or sell button.....no one is to blame ..no one should be faulted....we play this game....we must take the good and the bad....we must make our own decisions

The old saying..if you can't take the heat..get out of the kitchen....still works...

IMO...better days will happen again..ALWAYS HAS...



To: marquis103 who wrote (97351)4/16/2000 8:59:00 AM
From: stan s.  Read Replies (3) | Respond to of 108040
 
Charts, Russ, here's a good place to start. This is a complete online book.
199.234.225.19

I'd start with the simplest yet most effective indicators, trendlines, volume and candlesticks.

You'll also want a charting site that allows you to draw your own trendlines. There are some free ones on the net I can provide links to.

One of my simplest ma's to use to show possible trouble is the 40 day ma on an uptrending stock or index. I mentioned it again in a post to Jack yesterday...but I was too complacent and failed to act in a timely manner when it occurred. It's the red line around 4600 in chart at bottom of page.

It coincided nicely with an upward trendline drawn from the dips. I didn't include that trendline in this chart because the red moving average sufficed.

When those line were broken on a closing basis, something was amiss.

Don't let the above TA site throw you by it's size and complexity. The basics do just fine.

Message 13432917

geocities.com

Stan