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Strategies & Market Trends : Charts on Near Term Uotrends -- Ignore unavailable to you. Want to Upgrade?


To: Paul Senior who wrote (1065)1/24/2009 1:40:08 PM
From: Jibacoa  Respond to of 1404
 
Well, all gobblygook to me. Just the way my brain is wired - or not wired -g

Yes, I know that from a TA standpoint you are an agnostic, not a neophyte. <g>

For most uninformed people trying to obtain information from looking at stock charts is similar to trying to obtain information from an ECG if you don't know the difference between a P wave and a Q an R an S or a T wave and you don't know the importance of the PR interval, QT ratio, elevation or depression of the ST segment, the absence of P waves, etc. <g>

When I started investing in the market in 1958 I was looking only at fundamental factors. But in the early 60s when I became interested in short term trading as a way of using my Cuban losses after Castro confiscated my properties, I started to also look at stocks from the TA side and used to get the charts from S&P Trendlines and Current Market Perspectives by special delivery.<g>

Now a days I get IBD's on-line, and spend some time and money looking at charts from other sites, as I find it worth it. <g>

But as you said, it is better to keep with the methodology that works for you. :>)

RAGL

Bernard