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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: Jack Be Quick who wrote (25942)	7/17/1998 3:36:00 PM
From: shust	Read Replies (2) \| Respond to of 95453

Oil down to $14.01 and we have hung tough. Could this be because of expiration? shust

To: Jack Be Quick who wrote (25942)	7/17/1998 4:04:00 PM
From: The Ox	Respond to of 95453

Mostly I try to let the chart tell me. I'm not a master at TA but I do believe strongly in the trend lines. While the trend is not the only thing one must consider, it helps greatly in my view. Waiting for a trend reversal to signal a buy or sell point can greatly increase your profits. Everyone hates to sell to early into a rally or buy to early in a decline. You will rarely (if ever) be able to sell at the exact top or buy at the exact bottom, but the comfort level in calling your decisions is much better, IMO. Advanced TA gives predictions on % moves and more precise top/bottom calls. There are many others on this thread who have a great deal more experience and knowledge on advanced TA. I will defer to them for serious questions about TA. Here is a post of mine from the UTI thread. It gives an indication of what I look for. Downward trends (by connecting stock highs) or Upward trends (connecting stock lows) are very useful in tracking stock performance. They rarely tell you exactly when to buy or sell, that you must decide for yourself. Each person's risk tolerance is different and your individual investment style can be adapted to use the TA and FA of any stock you follow. I hope this helps. exchange2000.com