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Pastimes : Ask Mohan about the Market -- Ignore unavailable to you. Want to Upgrade?

To: Link Lady who wrote (16526)	9/26/1998 5:28:00 PM
From: John Hunt	Read Replies (2) \| Respond to of 18056

<< What do you think is in store for TSE market? >> Hi Wendy, From what I remember, the declines and advances of the TSE pretty much equal that of the US market, but are often shifted in time. That is the peaks and bottoms don't exactly coincide. Will try to look tomorrow, but things are pretty hectic here right now. John

To: Link Lady who wrote (16526)	9/27/1998 9:25:00 AM
From: John Hunt	Read Replies (1) \| Respond to of 18056

A Short Term Momentum Indicator I posted this idea on another thread, but thought it might be of interest to investors here as an aid in timing the entry and exit of longer term positions. ************** Daytrading With A Short Term Momentum Indicator Rick & Daniel, You might want to pick your trades when they are at the extremes of 2 - 3 hour momentum swings. Try this MER chart and set your interval to 15 minutes and with 5 days of data and add a momentum 12 (3 hours) as a lower indicator and chart size Large. If you want you can add an exponential moving average, etc. Then save your settings at the bottom of the page, so that they are automatically used whenever you call up a chart. bigcharts.com As you can see, it works 3 out of times, which is typical on most stocks. Combining it with your other criteria should improve the risk / reward ratio somewhat. It takes a lot of patience to wait for the right time in a stock! I am using this with my new Metastock Pro RT software and Stockedge RT data feed with pretty good results, but the above link should give you the idea. Hope this helps. :-)) John