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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?


To: Laurie who wrote (23321)11/21/1998 10:05:00 PM
From: bdog  Read Replies (1) | Respond to of 79273
 
Laurie, if I have one eye shut it takes longer, if I close both eyes it's faster...

in other words, lots of practice will make it take longer

bhopelessdo>g<



To: Laurie who wrote (23321)11/21/1998 10:38:00 PM
From: Magnatizer  Respond to of 79273
 
Laurie

It depends on your objectives. If I am scalping or daytrading a simple quick look at a few technicals are fine. For a longer term play an hour is minimum.

Here is what I have done to take some time out of the process.

First: try to find a medium to long term indicator (like stoch 89.3.5) which you can develop a feel for. If that indicator looks good then dig into some other indicators which you prefer. If they look good then start digging deeper.

This is a similar process Doug promotes with the 56 point system. Check the first set of indicators and if they pass then go to the next. If they fail, dump that stock and go to the next.

ht
david