InvestorsHub Logo
Followers 0
Posts 185
Boards Moderated 0
Alias Born 03/18/2001

Re: Vendit post# 520

Sunday, 04/08/2001 5:53:30 AM

Sunday, April 08, 2001 5:53:30 AM

Post# of 25232
Reid: Whenever I contemplate a trade I look at the weekly and daily charts...to get a sense of the major trend. Then I go to the 60 and 15 minute charts. And for entry I look at the 5 and 2 minute charts. Fundamentals are importnant, but have little import for an intra-day trade. And of course I/we in the Traading Room always look at the futures, to get a read on the market internls and to look for a trend; best to go with the trend....so sense swimming against the current, i.e., trading against the trend.

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.