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Non-Tech : Trading IOMEGA based on technical analysis -- Ignore unavailable to you. Want to Upgrade?


To: Gottfried who wrote (1331)1/20/1998 7:34:00 AM
From: Herb Fuller  Read Replies (1) | Respond to of 1511
 
Gottfried , Re:>>>what indicators do you use the most for your TA?<<<

Gottfried , I will use them all from time to time .

I am in contact by e-mail with a very active SI investor that uses TA to it's limits . During this latest downturn in the market he kept doubling up as the market droped , as any gambler might at the tables in Vagus .

He was not alone as he was following a group in AOL that was using TA to buy on dips and sell on highs . The bottom fell out of their picks and they lost bigtime to the point that my friend pulled the plug on his investing . He sent me a very sad e-mail and told me of his plight
as to how it effected his life and family . I could feel his pain in his writing but I could do nothing for him .

After sharing the above with you I will add that TA is not the complete answer to investing , it at times can call turning points at best .

The best and safest way to invest has always been to find a stock that has a predictable growing pattern that you can believe in and stay in it .

If you must play , from time to time you can go in and out on a limited basis . You should never get out completely as the market always goes higher than you expect as well as lower than you can imagine at times .

Herb