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Strategies & Market Trends : Successful Short-Term Trading Strategies for Beginners -- Ignore unavailable to you. Want to Upgrade?

To: Clean who wrote (63)	8/13/1998 8:53:00 PM
From: William W. Dwyer, Jr.	Read Replies (1) \| Respond to of 78

Clean, I don't really use TeleScan for charts, I use it only to download lists of stocks using the ProSearch feature, using mostly fundamental analysis to select stocks that meet my criteria. Then I look at the charts for selected stocks in a program called AIQ, which specializes in technical analysis, which I use to time entry and exit of positions. Using fund and tech analysis is sometimes referred to as "rational analysis." Using both minimizes risks, imho. AIQ lets you keep your own individualized database of stocks you follow, stores all the data on your hard-drive so you can see it, study it, mark it up, do all sorts of things with it. There are other programs which are similar to AIQ, but I've had it for a while now,love it a lot. They have a 4-day seminar coming up, by the way, in October in Lake Tahoe. I went to one earlier this year in Las Vegas, learned quite a lot about technical analysis. Personally, I think AIQ and similar software does a better job of technical analysis than you can get from TeleScan alone. However, you can do much or most of it with TeleScan if you want to. Regarding indicators, I of course follow the moving averages, trading bands, MACD, stochastics, and a bunch of others. AIQ will show them all to you and pretty much teach you how to use them. The best manuals and videos I have ever seen, and the seminars, too. Good luck! Bill