InvestorsHub Logo
Followers 2
Posts 348
Boards Moderated 0
Alias Born 04/05/2005

Re: None

Friday, 04/22/2005 1:05:02 AM

Friday, April 22, 2005 1:05:02 AM

Post# of 44374
Boom time:

Every one of us uses different styles of T/A. I have my set of indicators and have added more in unceartain circumstances to seek clarifacation. I'm a big fan of the ADX and use things like the Aroon's to clarify along with the MACD histogram.

The charting is accurate. There is a saying that "the price of a stock has all factors relevant indicated". This includes earnings, losses, pr's and speculation.

The difficulty with penny stocks is the speculation. Today GTEL looks like it will be in bear territory for a couple of weeks maybe? How bad will the bear get? How strong is the next bull? There are too many factors to indicate what the next pps swing will be so when you are at a point of indecision charting is the only reliable means to make that gut-checked guess. The charting will help you in determining how big of a risk is being undertaken.

Keep learning. Every day presents an opportunity to do so.

Doc



~John~

Protect your investments. Join the NATIONAL COALITION AGAINST NAKED SHORTING(NCANS)
http://www.investigatethesec.com/
http://www.ncans.net/whycare.htm





Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.