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To: Kyle who wrote (30146)	10/30/1998 6:40:00 PM
From: Paul Engel	Read Replies (2) \| Respond to of 33344

Kyle - Re: "does anyone know of any resources on line that can teach me how to read TA? " The best reference on that subject can be found at: helen_keller_chart_reading.com Paul

To: Kyle who wrote (30146)	10/30/1998 6:45:00 PM
From: Joe NYC	Read Replies (1) \| Respond to of 33344

Kyle, The most reliable way to read the charts is retroactively. Wait until the stock moves, than display the chart and say: "Of course it was going to move that way, because of the inverted head and shoulder formation became correlated with the first derivative of the 50 day moving average." If you actually want to predict the future, it becomes more tricky. But usually, the prediction is that if the stock moves up, it has a potential to move up even further and break through some resistance. If that doesn't happen, than 1 of 2 things will happen: it will find a new trading range, or it will move back to it's original price. If the stock goes down, than it will probably stabilize at some support level. If that support level doesn't hold, it will move further down. If neither of these happen (suppors holds, support is broken), typically what happens is that the stock goes up. <g> Joe

To: Kyle who wrote (30146)	10/30/1998 7:25:00 PM
From: literaryfx	Read Replies (1) \| Respond to of 33344

Kyle, here's some links to get you started: e-analytics.com tradingday.com decisionpoint.com wallstreetlinks.com members.wbs.net why.net For a technical opinion on a stock's weekly chart try suretrade.stkwtch.com Click on "Go to Second Opinion Weekly" For online charting: bigcharts.com For a quick chart overview try: investools.com enter ticker symbol then click on go click on "full chart and quote" scroll down to InvesTools Charts, then change size of chart: 640x480 fits well on 1024x768 change moving averages: 200, 100, and 50 gives a good overview click on "Create Chart" A good book on stock patterns is: Technical Analysis of Stock Trends by Robert D. Edwards & John Magee Maybe others will post some links. Ken

To: Kyle who wrote (30146)	10/30/1998 7:28:00 PM
From: Jim McMannis	Read Replies (1) \| Respond to of 33344

Kyle, TA can be very complicated or very rudimentary. Anyone that makes a judgement about the price action of a security while looking at a chart of it is using TA. To use it to predict the future is as difficult. Because predicting the future is difficult. I prefer to use it at a lower common denominator than some. Anyway...try this equis.com At the bottom of that page there is a free TA guide called technical analysis, A-Z. which will define various indicators. equis.com So many do not understand it because they don't have a good program. That's a must. Especially one capable of overlaying many indicators. You can even do TA on Fundamentals...which gives you a leg up on the fundamentalists that don't. JIM