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Re: 3xBuBu post# 5992

Tuesday, 08/24/2004 7:01:59 AM

Tuesday, August 24, 2004 7:01:59 AM

Post# of 62520
Hi, again, Wonderboy. I talked with flota and we are going to create an example chart where I show people what to look for with text boxes and arrows. My whole focus when looking at the chart is to be forward looking, meaning what does this stock, any stock, do from today's date forward; forward two weeks, one month, one quarter, half a year? If the chart shows no history of good growth, but the indicators show it, the stock could be good for a short run but not trustworthy enough for a portfolio position. I also scan the entire chart and check two things; when is this stock's best period and when is it's worst. The only thing that the last data entered on the chart can do is show you how the stock is doing as it approaches another period. I will do all that I can to make the chart more people friendly.

In the portfolio example, they are all S&P 500 stocks. They are basically big named companies. Our site will be for those who do not have time to do their own work. We'll come in handy for them.

#board-1616 & #board-3424 Seasonals rock.

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