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

To: TA2K who wrote (9918)3/19/1999 1:35:00 PM
From: Sean W. Smith  Respond to of 12039
 
All,

I think the point is they tend to talk more about futures than stocks. Many of us seem to feel dispite the authors claims that parameters for a lot of the indicators need to be adjusted from stocks versus futures...

Sean



To: TA2K who wrote (9918)3/19/1999 3:22:00 PM
From: Richard Estes  Read Replies (2) | Respond to of 12039
 
Futures are slow movers price wise. You can find markets that haven't moved 10% in a year. Put that up against stocks that can move 10% in a few minutes.

Those tiny moves in futures means something because of say 95% margin, not ampitude of price. You need to move away from classic futures indicators or apply different interputations.


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