InvestorsHub Logo
icon url

lt56

04/18/11 12:21 PM

#7123 RE: madtig6 #7122

Believe me I've been playing this game longer than you. I know exactly what your talking about but through years of doing this ( pretty successfully I might add ) I have found that relying on charts to tell you where your going is an exercise in futility. You might as well flip a coin. I'm basing my opinion on watching the action of the stock and the bids and offers ( I have level 2 ) and having a pretty good sense of where the dynamics are at any moment.I am far from infallible but over the years I've done extremely well from just watching the trading at any given moment and developing a sense from that of where that stock is headed.