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Strategies & Market Trends : Candlestick Charting--The unknown indicator -- Ignore unavailable to you. Want to Upgrade?

To: MonsieurGonzo who wrote (719)	11/22/1997 6:41:00 PM
From: Tom L. French	Respond to of 1589

Steve Intersting list. Here is a short answer to your question. I use quote.com during the day and Metastock for end of day. I download what has become a boat load of stocks, but it's focused on oil service/drillers (about 30-40 stocks), and technology with a heavy bias for small cap hi growth stocks I've taken an interest in over time. The total with indexes is now over 350. Too much and getting overwhelming, actually. (I'm using my laptop for this post now, so I don't have the list.) I tend (or have tended in the past..with great success up until this recent sell off) to research small tech stocks, rate/rank them on a slew of criteria like eps/sales growth, projections, float, etc. Then I watch the ones that I like, and buy at a good time. Now, I think the world situation can cause a big big hit anytime, so you've got to be ready to pull the trigger. I also think there is more shock to come before the uptrend resumes convincingly. It is a different mentality, very different. More suited to TA and candlesticks, which I plan to focus on with renewed enthusiasm! I sold off most, essentially everything, and am setting up for re-entry with a new, shorter term approach. What I sold, mostly with good gains, is down further now, but I have to get back in soon or the benefit of that/those moves will be lost. I plan, with stocks, to focus on good companies that are very volatile, and trade them, taking the ride up or down, whichever is available. Would be the same with indexes... maybe simpler in a way because you don't have to factor in the comapny's prospects against the market's sentiment/trend, etc. It's just focusing on the market. I'll tell you what I follow in another post. Includes DO, PWAV (...not sure about Korea exposure), CATP (new one), made a bunch on MCRL, APEX, CDG. Regards, -Tom