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Strategies & Market Trends : Technical Analysis - Beginners -- Ignore unavailable to you. Want to Upgrade?


To: Richard Estes who wrote (9189)2/11/1999 1:15:00 PM
From: Blake Turner  Respond to of 12039
 
Richard,

I agree with you 100% Let the stock TELL you what it is going to do and DO NOT fall in love with a it. Lessons I learned the hard way.

Blake



To: Richard Estes who wrote (9189)2/11/1999 2:08:00 PM
From: Dick Brown  Read Replies (1) | Respond to of 12039
 
I'm getting tired of agreeing with everyone<G>. But I do like to see what the current news has been and if an earnings announcement is due soon. I'm not smart enough to trade a stock when the earnings are coming out that day..I'll move on to something else..
Dick.



To: Richard Estes who wrote (9189)2/11/1999 4:59:00 PM
From: Chris Parenti  Read Replies (1) | Respond to of 12039
 
Hi Richard, I've been trying to use the buy,buy scan on Tc2000 ver 4.2 I'm not sure if I plugged it in correctly, I'm getting over 3000+ candidates. Could that be possible? Seems highly unlikely.

Thanks,
Chris



To: Richard Estes who wrote (9189)2/11/1999 7:51:00 PM
From: Terry Mitchell  Read Replies (2) | Respond to of 12039
 
Richard, I wholeheartedly agree with staying away from from the stock topics. Before I really got into using TA I was very much involved in a story stock and following it's topic here on SI. People in these threads let the stock become a living & breathing entity to them and get emotionally caught up in the discussions. They so want the stock to do well they will grab on to any little bit of news or info no matter how minuscule it's possible effect, if any, on the stock price. They wait with great anticipation for the news that is going to move the price to great heights and then wonder what went wrong when the price goes down or sideways. Of course it must be the market makers manipulating the price again or a large seller who is to stupid to realize that the stock is just a few days from exploding to new highs. It is amazing the number of people who let their emotions control their stock picking. When they finally give up on a stock they just go looking for another one to do it all over again. I have even followed a few threads just for the entertainment value and see this happen time and time again.

The moral of the story is find a trading system that works for you and keep your emotions out of it. Since I have been using TA when ever I have let my feelings for a stock affect my judgement it has been a loser.

Terry