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Strategies & Market Trends : Momentum Daytrading - Tricks of the Trade -- Ignore unavailable to you. Want to Upgrade?


To: Ken Wolff who wrote (1727)12/21/1998 9:57:00 PM
From: xcr600  Read Replies (1) | Respond to of 2120
 
<< I'd like hear what some of you are using as general market indicators. >>

How about internet stocks? The market seems a bit "frothy" at this point. Or unabashed buying, sort of October in reverse w/panicked buying. Don't know what it all means, but when the ending comes, it will be fast. It seems that when the Internet stocks have huge gap up openings, they sell off and the market follows.

Just my amateur .02 worth. Thoughts?



To: Ken Wolff who wrote (1727)1/2/1999 1:01:00 AM
From: SpongeBrain  Read Replies (1) | Respond to of 2120
 
What should I see in the KLAC 5 year chart?

I'm just learning TA.

Can someone do me a favor and look at a 5 year chart of KLAC and tell me, in retrospect, what indicators could have been used to indicate buy/sell for the main trends?

Buy Aug96
Sell Aug97
Buy Aug98

Thanks for any help!