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Strategies & Market Trends : Lizard King's Trading Swamp -- Ignore unavailable to you. Want to Upgrade?


To: Christopher who wrote (4597)2/22/1998 10:05:00 AM
From: Robet Butkus  Read Replies (2) | Respond to of 7396
 
I believe that one can become overwhelmed with the technicals,
and although I use them, keeping it simple works for me.
At overhead resistance points, I do not believe that everyone who
made prior purchases there still owns the issue, thus the amount of
new buyers may not be as many as just adding up the prior volume.
These points have more of an emtional feel to them, since everyone sees
the same thing, and human nature is a straight forward situation.



To: Christopher who wrote (4597)2/22/1998 5:22:00 PM
From: TATRADER  Read Replies (2) | Respond to of 7396
 
Christopher, part of what I enjoy about trading is working on new ways to analyze a stock...I find it fasinating....Right now i am using ADX to determine the strength of a trending stock...I like it when it is moving from the low 20's on up, where of course the +D1 is positive...
I use a 14 day period...However, this is no salvation indicator...It is just one of many tools one uses to determine the best stocks for purchase....Every trader has his own way to analyze...Lizard, Robet,NH20, do what they do very well...I just wish I could get those three to divulge more of what goes on in their head when they look at a stock...

What I would like to see on this thread, is somebody ripping at my picks, and telling me why they like them, or why they think they are worthless...That way I can tell how you analyze a stock...That way I can learn from you....

O.k. Here goes, I like SRSL.....Tell me why that stock stinks, or tell me why it might be a brilliant pick for this week...

Regards, Mark