123Tom's TA study group

[sab63090]

Actually, Tom, I use standard charting methods, but have adapted to candlesticks along with various approaches that seem to be in line with the market trends, inflection points, moving averages (normally I like the the combination of EMA/SMA squeeze patterns at times when the stock is consolidating (Bollinger/Keltner Squeeze) for interesting pops.

I've learned that it's super hard to call overall market turns, so I wait for the weekly charts to help with that to gain perspective.

I like Fibs, too...Robert Prechter uses that a lot on his Elliott Wave targeting...but I reserve my opinion on his market calls since he has missed a lot over the years. His big call was made in 1987 and was how his reputation really exploded.

I;ve been wrong many times, but have learned to adapt as best as I can...I like these posting and pick up interesting views.

I do like reading your and others posts!