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To: Pankaj jain who wrote (22019)	3/21/1998 12:10:00 AM
From: Eugene M O'Donnell	Respond to of 36349

John, There are many good sites with charts. I can recommend BigCharts.com. I use them, as they are hooked into my on-line brokerage (DATEK). Another site is discoverbrokerage.com. They have good intraday charts, but not real-time. TA is an art form as much as a science. If anyone can answer your questions, they must be extremely wealthy! For some books, try the local library, (its free!). Good Luck, GENE

To: Pankaj jain who wrote (22019)	3/21/1998 4:09:00 PM
From: RocketMan	Read Replies (1) \| Respond to of 36349

OK, let me explain TA starting with Bollinger Bands. They are running 2 sigma bands above and below the moving average. When the stock price touches the band on top, the stock is supposed to move down ... except half the time it moves up. When the stock price touches the band on the bottom, the stock is supposed to move up... except half the time it moves down. Except sometimes the opposite happens. Next time I will explain stochastics, which sometimes tells you when to buy or sell, and is right at least 50% of the time. Come to think of it, haven't seen many TA practicioners drive Ferraris. Mmmm... Seriously, TA might work, but I don't give it much value for tech stocks that ride violently up and down on news, hype, and belief. It might work better for oil stocks.

To: Pankaj jain who wrote (22019)	3/22/1998 9:40:00 PM
From: DWCraig	Read Replies (1) \| Respond to of 36349

Pankaj, IMO, the best two introductory books on TA are: 'Technical Analysis of Stock Trends' by Edwards and MaGee 'Trading for a Living' by Alexander Elder These will answer all of your questions about charts, terms, and indicators. As for TA software, there are thousands of available packages. Before purchasing any of them, consult the free on-line charting pages first. Here are two: bigcharts.com and iqc.com Once you become familiar with all of this (and assuming you find it useful), then you might consider purchasing a software charting package (on a free trial basis!). Good luck to you. --Doug