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maone15

10/06/09 11:30 AM

#4150 RE: ryanmnly #4149

nope never.

Trend analysis for me is:

is the last high, higher than the previous high?
-check

is the last low, higher than the previous low?
-check
....therefore we are in an uptrend.

direct opposite for downtrend.

actually draw lines on your chart along the tops and bottoms (print out the chart and use a pencil, it's great practice)...

that's about it.

and if you have overnight exposure in a stock, you have to know fundamentals, (IMO)- at least a general understanding of what the possibilities of where the price can go

... that's just my opinion though