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Re: techBear post# 239

Wednesday, 03/30/2005 9:12:11 PM

Wednesday, March 30, 2005 9:12:11 PM

Post# of 44374
OT:techBear

Understand.General TA OK,just not about another company,agree. Thanks.

Love to post my opinions about What works for me, all should remember, styles of trading vary and what TA works for one company may not hold up well in all cases. Most of the info I will be talking about will not be long term, large cap stocks. In my case a long position normally ranges 6 mo to a year. Not 1 to 4 years. I'm not rich and can't wait.

Don't want to retire, just pay the bills. So I tend to use shorter term indicators and will discuss what I feel I have had the best results with. Example B bands; many use them for everything, I feel there are many entry/exit points missed short term when using them and I rarely do. I'll look at them to see how I stand, as I look at most all indicators from time to time, weather I use them daily/weekly or not.

The more you use all the tools available to you, the easier it is to complete the job successfully. Special tools for individual tasks, just like building a house or repairing a car, makes the final result happen quicker and be done more efficiently.

Once again I recommend dropping by Barcharts, at the performance area, to choose what works best for the individual stock you have interest in, given your individual time frame. It's been very helpful to me.

When I started trading, I would have thought I died and went to heaven, if I found the info this board has already discussed, in one place.

Thank Rocky and yourself for the little gold mine of experience and educational discussions, that will cut ones learning curve in half. All in one place.

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