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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: bill jenkins who wrote (29866)	3/27/1999 5:06:00 PM
From: SMALL FRY	Respond to of 120523

Bill... to me (disqualifier), RT bid/ask, vol and time/sales is an integral part of the decision making process whether to enter/exit a stock at a given time...I am not about to pay 50 for a stock I can get at 47 later... the momentum/direction of a stock can only be analyzed (again by ME) by having those data mentioned above in real time. Lord knows we're already suffering from the beating of excessive bid/ask spread allowed by the market makers without cutting our own collective throats... For support/resistance and price targets... those can be derived from end of day data, however, IMO (there's that disqualifier again) they are all moving targets in extremely volatile stocks which can best be effectively managed by having RT data. I use QCharts to do that... the indicators that you'll eventually find in a 30 minute incremental charts... would have given you the forewarning in the 5, 10, and 15 minute incremental charts so you have that time to prepare. Bear in mind however that the breakout points are almost all the same... there are some people that will not buy a stock unless at least 2 or 3 indicators say "BUY" or "SELL"... very good practice that I occasionally break when I get my "spiderman" sense tingling... 1 indicator which is not quite there yet may persuade me to "speculate". What prompts me to do that? The stock momentum, -not necessarily derived from the charts, which are derived in turn from actual sales,- but from the bid/ask price and vol that one observes only with real time data... on this, even level II is useless for me because it only display the current (active)bid/ask... I find myself scrolling back occasionally to see where that momentum is... level II does not give you that capability... In conclusion, all of the above is satisfied by QChart... I'm happy! Regards, SF PS: After all the ramblings above... I have to say one can also make very good investing decisions by analyzing 20-min delayed charts. It's just not for me...