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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: Sal D who wrote (10141)11/8/1998 8:51:00 PM
From: Sergio H  Read Replies (4) | Respond to of 29382
 
Jose, I haven't finished reading DeMark's book, but I'm facinated by the possibilities that his book reveal. I am interpreting DeMark's work as a starting point to developing your own trading criteria. I have asked Doug and David to help me get set up so that I can evaluate stocks using TA criteria.

I am not going to abandon fundamentals but plan to add TA perspective to any proper due diligence. I plan on TAing sectors and indexes and then selecting stocks within those sectors that appear to be ripe for price movement.

Thanks for the the S&P Composite with the Willshire 5000 and the Value Line Index comparison chart and the explanation of its significance. Markets in general look good Jose. Also thanks for the Pring book reccomendation.

I have to admit that I have a spinning head right now that has not absorbed 100% of what I've read, but I am certain that combining FA and TA is the right way to go.

Sergio

ps Do you want to change our contest rules ? You can sell your stock now and keep your stupendous profit.....but you have to pick another horse or sell short against the box or any other strategy. Fair enough ? Same rules would apply to me, but I'd stick with the same horse for now.