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To: chirodoc who wrote (940)1/8/1998 7:22:00 PM
From: TLindt  Respond to of 1546
 
>>>....yes, got them but have resisted joining.......

Me too....but the charts are free....the research(fundamentals) behind them cost money.

I use the charts Stochastics & MACD only to see how someone could even trade blind....without(fundamentals)....going only on TA. That Gal Deb Orlow was TA to the Max. But they do...according to my Gal Broker....Stochastics shows graphically the number of Sellers & Buyers at a particular point in time and price. Something like an overbought/oversold indicator.

When the solid red line in the case of those charts approaches the upper limit of 80+ you are running into an overbought situation....when the blue dotted line exceeds the red solid line...more people are selling the stock then are placing orders to buy. And at 20+ when the Solid Red moves above the Dotted Blue...more People are placing Buy Orders then selling........can anybody clear me up if I am off base.

I'm still trying to learn this thing. But from what I know from above it works....timing as been really good.

I use the MACD to confirm the down trend......only thing I've found that screws this thing up is the NEWS that may hit the Net on any given day.

I've tried it many times over the past 4 months with excellant results.

In fact 58 out of 60 trades were profitable. The 2 I lost on I was a pig.



To: chirodoc who wrote (940)1/9/1998 11:53:00 AM
From: TLindt  Read Replies (2) | Respond to of 1546
 
I know you are looking for low 30s' has re-enter....however I had posted $35. But again with Asia....I'm not going long anything today. I'd like to see the 'talking heads' on the boob-tube scare the heck out of folks first over the weekend. Then I'll look at it again Monday.



To: chirodoc who wrote (940)1/14/1998 10:53:00 AM
From: TLindt  Read Replies (1) | Respond to of 1546
 
Well she's trading like a CBT soyebean contract now doc...how do read all this activity?