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


To: Jan Robert Wolansky who wrote (7108)11/27/1997 11:27:00 AM
From: Narotham Reddy  Read Replies (1) | Respond to of 12039
 
Any comment on Microstar's Indigo Software

I am posting for someone who has no access to the net. This
gentleman wants get some opinions on this software before he
buys it.

This company's URL: microstar-research.com

Reagrds,

Narotham



To: Jan Robert Wolansky who wrote (7108)11/27/1997 1:57:00 PM
From: gonzongo  Respond to of 12039
 
Jan- I do not know the answer for sure. Back testing should give you the answer- Richard's guidance for high RS makes sense.

andy



To: Jan Robert Wolansky who wrote (7108)11/27/1997 10:34:00 PM
From: David Russell Coburn II  Read Replies (1) | Respond to of 12039
 
Jan,

Richard and Andy both have more experience in the markets than I. I and many others here use Relative Strength as a method to prescan or fill our databases. I noticed that after the recent "severe" correction many of the best stocks were not drastically affected and of those that were some made a quick return to their previoius averages. These are the stocks that I was looking at. Also volume is an often overlooked piece of data. Watch volume on breakouts and bounces off of moving averages. When Richard says "The strong get stronger" he is dead on the money.

Always keep money management at the top of your list when you are making a trade. Use an intelligent stop, either mental or physical. Someone once said that if you concentrate on not losing money you can make money in the market. There is alot of truth in that single statement.

David