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Strategies & Market Trends : Analysis Class for Beginners -- Ignore unavailable to you. Want to Upgrade?

To: TechTrader42 who wrote (1365)	5/10/2001 6:51:13 AM
From: Arthur Tang	Read Replies (3) \| Respond to of 1471

I invented microTA to analyze daytrading. Read my many posts on this thread? You have to read the threads on GE and MWBX before you write here; otherwise, you don't see the direction I am proposing on those threads. TA is form fitting. Meaning you see whatever you like, and fit your own opinions to make decisions you like. Many indicators of TA does not apply; you have to pick and choose which one works for you. Some swears by 2.5dma; but if you use it, you probably loose your shirt. One guy told me many years ago, that he would not tell others what TA he uses because they will eat his lunch. So, for beginners, we stick to trendlines long term then MicroTA for daytrading(counting shares, bid or ask). I have always try to start with a subject matter and exhaust it to show the way. Next time I might do the 1,2,3, steps and then make easy money. I can be the momentum guru and get caught by SEC when I sell first. If you invest in GE or MWBX, be sure to read my posts on those threads. They are more interesting because it involves business consulting. Calm down and reflect on how to do a thorough TA for yourself? Or supplemented fundamental views(5 year charts)? Most importantly, watch the good and bad news that might effect your stock suddenly. Some of us even look at the business consulting part of the stock, for long term growth prospects. Good luck on all your investments. You are too pessimistic at the moment. High P/E(high flyers) will go even higher, because people loves it(greed, but watch out for fear coming when overbought).