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Technology Stocks : RRRR: Rare Medium Group (soon to be) formerly ICC -- Ignore unavailable to you. Want to Upgrade?

To: Silver Knife who wrote (100)	1/26/1999 1:19:00 AM
From: Jibacoa	Read Replies (2) \| Respond to of 1150

<<<What service do you find most useful....? >>> There are a few "Free services" like Quote charts, Big charts, IQ, and others which are pretty good. I personally use Worden Bros. Telechart 2000, which is not "free", but I don't think is expensive. Mainly because I have developed my own "formulas" over the years. I have tried Windows on Wall Street and Telescan in the past. By mail you can get Williams O'Neils Daily Graphs as well as Standard & Poors Daily Action Charts and Current Market Perspectives, which have god information on sales and earnings which Telechart 2000 is lacking. <<What are "envelope channels?">>> Envelope channels or what some people call "trading bands" as well as "Bollinger Bands" are simply two lines formed around an invisible moving average. One line is above the "invisible" moving average and one line is below. The distance between the "envelope lines" and the "invisible average" is a percentage deviation of the mean,that you set up at the time you place the "envelope channel".When the price gets into the upper part of the "channel" it means the price is accelerating and when it gets on the lower part is suggests the price is loosing "momentum". When the price gets above or below the "envelope lines" it means the price is overbought or oversold. I most of the time like using an envelope of 30 width with an average of 15 of price. I hope this will help you. Good luck.