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Strategies & Market Trends : Ask DrBob -- Ignore unavailable to you. Want to Upgrade?


To: jvbig who wrote (28614)3/24/2001 1:12:47 PM
From: FLACK  Read Replies (1) | Respond to of 100058
 
jvbig

"FLACK..could you comment on your chart?"

No.

Actually, I wanted to draw some trend lines and mark
the buy/sell signals but don't know how to do that.
So, maybe later.



To: jvbig who wrote (28614)3/24/2001 2:47:24 PM
From: bcrafty  Read Replies (1) | Respond to of 100058
 
jvbig, I'm not trying to answer ahead of FLACK but his chart shows

signals to buy or sell based on moving average crossovers confirmed by the MACD and stochastics. There's a board devoted to this trading program right here in our own back yard at SI called Befriend the Trend Trading, but they use a 5ema and 8sma for their moving averages (FLACK usually uses 3ema and 6ema in his 2 minute charts every day, but in his recently posted chart he uses 7ema and 17ema on a 5 minute chart).

Here's the site:http://www.siliconinvestor.com/subject.aspx?subjectid=21685

The above link uses timely.com for charting the indicators. The only problem with this for many daytraders is that the data is delayed 15 minutes, so if you want to be right on top of a trend change you'll miss out because it's not real time. That's why so many people pay for charting services with real time indicator changes. But some people just adjust their portfolios every 15 minutes, or every hour, or every day, or every week and for those people timely.com works just fine.

Here's the timely.com chart you might use:
207.61.23.99