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Strategies & Market Trends : Technical Analysis - Beginners -- Ignore unavailable to you. Want to Upgrade?


To: David R. Evans who wrote (8546)9/7/1998 3:19:00 PM
From: Richard Estes  Read Replies (1) | Respond to of 12039
 
And they might:

a little Gann is good for soul

here is a simple template, first set cycle lines at 8, and start on MAR 21st or closest trading day to it. these give you warning of possible CIT days.

now place horizontal lines at 2,4,6,8,11,15,19,23,28,34,40,46,53,61,69,77,86,96,106,
116,127,139,151, put these in red

then in blue put 3,5,7,9,13,17,21,25,31,37,43, 49,57,65,73,81,91,101,111,121,133
145,157.

These are areas of support and resistance.

do this and see what they have said on stocks in past.



To: David R. Evans who wrote (8546)9/7/1998 4:29:00 PM
From: freelyhovering  Read Replies (1) | Respond to of 12039
 
David--I am following your MACD 8/17/9 discussion and wonder how reliable the indicator is as a buy signal. I happened to come across AMD. On the weekly chart it appears to be ready to move up. I pick this only as an example and have no interest in purchasing the stock. What else would you look at after you have a signal of the MACD 8/17 moving above the 9 day average. (Did I get it right?) Myron