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

To: Richard Estes who wrote (7977)	1/25/1998 8:54:00 PM
From: ExCane	Respond to of 12039

Jack, Richard, Chandler- Thanks for your responses. Jack- I discontinued the mailing list as I couldn't keep up, but would certainly like to see what you have. Richard- the MACD thing is the default values in Quotes Plus, and I've noticed a crossover with a certain "look" sometimes precedes good daytrades (short and long). The look is hard to describe, sort of a rounded not jagged turnaround where the MACD line converges on the signal line after being parallel a few days previous. I could probably point you to a few charts if you're interested. As for RT, you did suggest that MACD setup on 5min charts. I don't have real time TA other than bar and 2 simple ema's right now, but I plan to get deeper into it. How would you like to daytrade someone else's money but only get paid out of the profits after expenses with no other source of income, a wife, two kids, mortgage, two cars, blah blah blah?

To: Richard Estes who wrote (7977)	1/28/1998 10:59:00 PM
From: Richard Estes	Read Replies (3) \| Respond to of 12039

What so many miss out on is taking advantage of the back messages in a topic. Andy's page indexes the first 9 months at: geocities.com You can look at each of the back posts in this and every topic in the archives of SI. I know there is no intentional laziness on the parts of many but you won't believe the many times the same question is asked and answered in this topic and others. Someone discovers a topic and looks at 1-7 days of messages then ask a question important to him. Sure, people jump in and supply an answer, it might be right or wrong, it might be the same one given for the 100th time, It may turn over new ground. Unless you have applied study to the back posts, you don't know. I do think one should scan all posts in a topic that you might invest your hard-earned money based on the use of the topic's subject. We often think that it is easy for someone to provide an answer, but sometimes that answer may take as much as 15-30 minutes of one's time out of his investing studies, especcially if you hunt and peck like me with one finger. Nearly all the TA-topics have some priceless info within their posts. They all should be read competely. This topic and others didn't start 1-7 days ago. My statement isn't to cut down on questions but to remind others what is required to educate yourself and to continue to have involment from more experienced members of a topic. Many of the regular TA group have absenced themselves from the topics because the weight of sharing becomes too much and their work for their trading comes first. So take these comments as they were given.