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Gold/Mining/Energy : Trump's 12 Diamond Picks, Discussions Limited -- Ignore unavailable to you. Want to Upgrade?


To: Mark Bartlett who wrote (434)1/22/1998 8:34:00 PM
From: Ed Pakstas  Respond to of 2251
 
**OFF TOPIC** Thanks Mark...Very helpful...I'm a newbie to this Techno stuff...There's more to these charts than just figuring out resistance/support levels...Have read that a lot of people buy/sell stocks strictly on what the charts tell them...

RSI...OBV...SMA???? Please elaborate....

There's more to this than just a "gut feel" for trading patterns...

I was looking at a whole bunch of spec play charts last night...It appeared to me that everytime the K line reached 0-20% while it was below the D line it indicated a buy signal...In retrospect everytime the K line reached 80-100% over the D line, it was a sell signal...

For an example, if you have the time, take a look at the NAI/ase chart...

DON'T GET TICKED OFF GEORGE I'M NOT PUSHING THE STOCK...
I'm just using it as an example because of the sharp surges and declines in the prices and it's the first one that popped into my head...

TIA

...ed

ps: If no one else is interested and there is another thread that we can take this to, please advise...



To: Mark Bartlett who wrote (434)1/22/1998 8:41:00 PM
From: Surething  Read Replies (1) | Respond to of 2251
 
To Mark, This is great information. Would you be able to apply these indicators to Winspear and Ashton to give us a demonstration. I and many others would really appreciate the results.

I would do it myself but after John Woods called us internet posters "morons" I cancelled my account.

Thanks in advance

Surething