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

To: Chris G. who wrote (7359)	12/29/1997 5:29:00 PM
From: Sean W. Smith	Read Replies (1) \| Respond to of 12039

Chris, Its a very subtle indicator. I was doping the same thing for a month until I noticed the color change to magenta one day..... :) Sean

To: Chris G. who wrote (7359)	12/29/1997 11:07:00 PM
From: Richard Estes	Read Replies (1) \| Respond to of 12039

"So there's a little discrepency" No discrepency except with their knowledge. There are always differences of opinion, you can believe what you want to. Try it their way, see what you get. Sounds like you might need another system. Good luck.

To: Chris G. who wrote (7359)	12/30/1997 8:38:00 AM
From: Chandler H. Everett	Read Replies (2) \| Respond to of 12039

Chris......what you don't know is that my day job is in the portfolio management business, so I have to look at a longer term perspective for my clients. A weekly chart gives me a smoother (and I hope more saner) picture of what the stock has been doing and may do. I have found that looking at the weekly picture allows me to filter out some of the "noise" that some indicators looked at on a daily chart give, especially for more volatile mini-cap stocks. I got my start looking at stocks using point and figure charts, which I turned at a 90% angle in order to see which way the stock was "tipping". If it looked like the stock was about to fall over because of its weight, I felt I was being given a signal of future strength or weakness depending on which way the stock was supposed to be going. I've never lost my need to look at this longer term picture. I should add that my exit strategies are all day-chart based. BW Chan