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Technology Stocks : Omega Research (NASDAQ:OMGA) -- Ignore unavailable to you. Want to Upgrade?

To: Herc who wrote (339)	3/20/1999 9:51:00 AM
From: WaveSeeker	Respond to of 516

Herc, If you read the book by Bauer and Dahlquist "Technical Market Indicators", you will find that a buy-and-hold strategy outperformed all of the technical indicators that are included in software such as TradeStation. As you mention, you don't need to spend $3,000 for this kind of thing.

To: Herc who wrote (339)	3/21/1999 8:16:00 PM
From: Mr. Aloha	Respond to of 516

Hi Herc -- I recently started using IQ Charts and also am real pleased. I just started an IQ Charts thread for discussion and sharing: techstocks.com I hope you don't mind, but I used your quote in the subject posting. If that's a problem, let me know, and I'll get it changed. If you have any tips you would like to share with others who are just starting with it, please visit the thread. If you have any questions, I or others will try to answer them. Hopefully, we'll have some good sharing of information there that will help us all be successful traders/investors... Anyone who's looking for inexpensive real-time charting and scanning should check out the above link. I haven't used TS, but I really like IQ Chart Real Time and keeping the thousands of $$$'s in my pocket. I agree that with quality tools like IQ Charts at a tiny fraction of the price of OMGA's offerings, and without the headaches, OMGA is way overvalued (driven by hype)... Here's an interesting excerpt from an article by Walter T. Downs: "Losing traders often fail to include many factors in the overall trading process that affects the probabilities of overall profit. Winning traders understand that winning in the markets means "cash flow". More cash must come in than goes out, and anything that affects this should be considered. Thus a winning trader is just as thrilled with a new way to reduce his data-feed costs or commissions as he is with a new trading system. CONCLUSION: ANYTHING that affects bottom line profitability should be considered as a viable area of study to improve performance." Mr. Aloha