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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: AD who wrote (54546)4/22/2002 6:34:16 PM
From: Jeff  Read Replies (2) | Respond to of 99280
 
well..i find it hard to believe in this day and time that anybody would even think of trading without looking at chart......

to me...thats trading blind.....

a simple little signal like stoch rolling over from overbought could change the way you see things and make and save you tons of cash....and a blind man could see that signal...its so obvious....

or how about a quick glance at a chart to look for the old plain vanilla easy to see double tops......a five year old could see these....:-).....

heres a post i made last week....

Message 17343537

NXTL double topped near 6.75.....now 4.75

WCOM double topped near 6.98..... now 4.00

JDSU double topped near 6.11..... now 5.21

SMH 48 now 44.90

AMAT 27.86 now 26.13

NVLS 54 now 50

INTC 31+ now 30

not look at a chart!!!!!!

how can you not.....

trading without looking at a chart is like driving a car with a solid black windshield...so you stick your head out the drivers side window to see where you are going.....

sure...you can do it....but how long before you get a sore neck and get tired of a face full of bugs everyday....i.e losing trades....

its so much easier to look through a windshield and see the whole picture....its safer...and pretty much common sense...