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Technology Stocks : Osicom(FIBR) -- Ignore unavailable to you. Want to Upgrade?


To: John Ritter who wrote (4961)1/28/1998 12:43:00 AM
From: Frank Liu  Respond to of 10479
 
Have you tried Worden Brothers' Telechart 2000. It is a technical analysis program that costs only $29. I just recently purchased it and have traced some of my trades in the past year. If I used the product, I would have made a whole lot more money. For example, I bought SEBL @ $17 and sold it @ $29, but the chart had indicated a sell at $47 instead. After a little more analysis, I might start incorporating it into my trading decisions.



To: John Ritter who wrote (4961)1/28/1998 10:23:00 PM
From: David Wise  Read Replies (1) | Respond to of 10479
 
I'll have to check those out. But since I'm not a good chart reader, I'm bad at picking highs and lows. This I need to learn. I have noticed when you follow one stock long enough you get a feel for its own unique following. If I'm buying a stock based on news of good earnings I look at how much it's run up in anticipation. No run up - true surprise; big run up - no surprise and any one day movement tends to reverse for a slide by profit takers. Seems like my best success has been in following this stragtegy - plus I like value stocks (low P/E, low debt to equity ratio, maybe strong cash position, low price to sales, etc.).

Other sayings like "even dead cats bounce" have seldom worked for me. I thought when SHIVA went from 80 to 20 I'd catch some bounce. Ha! Another saying - "if there's a turtle on a fence post, you know it didn't get there by itself" (oh no, that was Hilary this morning). I wonder who she thinks put it there?