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

To: MrBuzz who wrote (7966)	1/25/1998 3:03:00 AM
From: MrBuzz	Read Replies (3) \| Respond to of 12039

I am new to this thread and am a beginner in technical charting analysis. I sort of have a fetish with graphs - I remember doing lots of chart studies in sixth grade! I have a mathematics degree and like number crunching - especially if it makes one money :) I would like to know if anyone can get me kick started. In terms of: 1) Recommended magazines/books to read 2) Software tools 3) Data cost I noticed that on this thread, people are using various types of software charting programs (Metastock, Telechart 2000, Wall Street Analyst). I have in my little hands TC2000 and WA. Anyone have a recommendation? In regards to Omega Research Wall Street Analyst: ---------------------------------------------------- Has anyone gone through Dial Data? I see they have various plans ranging from 6 months of back data to unlimited. Of course, the more data, the more expensive. The unlimited plan costs around $80 per month. Omega has a quarterly CD plan that costs $20 per month and contains historical data. It looks like the best plan is to go: 4 x $20 per quarterly CD plus 12 * $25 US stock data plus 12 * $5 indices data less 12 * $8/month if you use the Internet ------------------------------------------- 80 + 300 + 60 - 96 = $340 year TC2000 ------- I think TC2000 can get a bit pricey. They charge 0.39 per year of historical data for EACH symbol. And then on usage. It seems that this route can add up pretty quickly. At least with the Omega CD, I get ALL symbols available - I don't have to download historical data. I also don't have to risk losing my data as the CD will always be available. With TC2000, if my data gets corrupted or i accidently delete it, I got to start over and pay again. Questions: ---------- * Anyone following the same pricing plan? * Anyone know if Dial Data's data is compatible with TC2000? * How about Metastock 6.5? Thanks! MrBuzz