SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Analysis Class for Beginners -- Ignore unavailable to you. Want to Upgrade?


To: Investor2 who wrote (886)6/12/1998 2:37:00 PM
From: Barry Hightower  Respond to of 1471
 
I feel chart software is a valuable asset for T/A.
I use T/A software everyday. The cheapest and one that is talked about a great deal is Quotes Plus. Plus there is quite a few freebies on the net but you'll have to ask around on SI to find them.

With T/A software I can hone right in on the exact dates your talking about on RBD. I scan 12000 stocks in less than 3 minutes and then filter those results within minutes. Can I tell what would happen in May? no could I make a education statement? yes

RBD would break out or fall

On May 6 volume was 220700
On May 7 volume was 597700 damn double volume
On May 8 volume was up a lot 1480800 doubled again
May 8 the price moved above the 21 and 60 day MA and stayed.

Barry

PS the market has the jitters. DOW has moved below its level of support 8750. I'm standing aside and being very careful.