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Wednesday, November 02, 2005 7:21:59 PM
Well, you know I’m pretty new to studying charts and I learn from Ken Goodrich over on the Seasonality Board. We study things that Ken has named like the “Magic Box,” “Knights Crossing,” and “Fairy Square.” Sounds funny I know.
WARNING OF CAUTION : (You will only find kind, astute, and friendly people on these boards)
http://www.investorshub.com/boards/board.asp?board_id=1616
http://www.investorshub.com/boards/board.asp?board_id=3424
Let’s take the Magic Box for an example.
http://home.cinci.rr.com/kgoodrich/Magic%20Box.doc
It’s absolutely AMAZING when you see these setups while scanning charts how the PPS shoot up. No coincidence
So hocus-pocus? I went from an emotional investor to getting into positions with much, much more confidence. If you’re interested in learning Ken will welcome you with open arms. Here is his public site: http://www.stockseasonality.com/index.html
Look at the GZFX magic box that formed on or around Sept 13-14 and see how it really jumped. I think the lower Bollinger is racing upward NOW and perhaps we’ll see another confirmation
I’m a very visual person and I used to look at a chart and think someone just had a heart attack. NOW when I look, I see things VERY evident. T/A is not for everyone; but for me, it’s better than a Tobin Smith pick, or a friend of a friend method of taking a position in a particular stock. It doesn't matter if it's a penny or on the big board... the same principles apply :)
Again, not for everyone… heehaw
Peace.
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