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Strategies & Market Trends
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Trend Setters and Range Riders
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To:
Susan G
who wrote (
1714
)
1/21/2001 2:58:50 PM
From:
Sojourner Smith
 
of 5732
does qcharts have a screen for MACD buy signals.
tia
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To:
Sojourner Smith
who wrote (
1763
)
1/21/2001 3:07:05 PM
From:
lee kramer
 
of 5732
You might e-mail Qcharts for your answer about MACD buy signals. I find value when MACD moves above or below the zero line...as confirmation.
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To:
lee kramer
who wrote (
1764
)
1/21/2001 3:33:18 PM
From:
Sojourner Smith
 
of 5732
that's true about confirmation.
however sometimes MACD will preceed run (ASIA last week) or be just-in-time (CERT this week.)
I have tried WallstreetCity, Metastock, TC2000, BigEasy,
etc and nothing seem to have an easy use accurate list
of MACD buy signal plays. Or better yet, a method to scroll through charts and easily find signals and ones
ones ramping up to buy signals.
What TA signals do you like to use? TIA
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To:
Sojourner Smith
who wrote (
1763
)
1/21/2001 6:48:04 PM
From:
Susan G
 
of 5732
No, Qcharts doesn't. I have a wish list of scans and alerts I wish it had, and that is one of them. You have to set all your own alerts, and they can only be on price, volume money flow etc.
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To:
Sojourner Smith
who wrote (
1765
)
1/21/2001 6:53:49 PM
From:
lee kramer
 
of 5732
Sojourner Smith: I try to keep it as simple as possible as I get easily confused with too many indicators. I look at the daily and weekly charts to get a sense of the major trend. Then I'll look at the 60-minute, 15 and 5 minute chartsw for a clue as to the best entry or exit point as I play both sides of the street; long and short. I watch volume and MACD and tend to sell into sudden volume and strength or cover into sudden volume and weakness. I'm a trader, and when I get my trade, I take it...though I generally buy or short at least 200 shares and sell/cover half and keep half. It seems to work for me. And of course I enter stops the moment I put on a trade.
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To:
lee kramer
who wrote (
1767
)
1/21/2001 7:08:23 PM
From:
Sojourner Smith
 
of 5732
What software do you use?
I use wall-street-city
and manually type in symbol after symbol.
I use window-on-wall-street, where I have typed in
thousands of symbols, to help me find ones that might be in play soon.
This is for swing trades. There has got to be a better way. I never see so many.
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To:
.Trev
who wrote (
1749
)
1/21/2001 7:08:49 PM
From:
Susan G
 
of 5732
Interesting article on EXFO
business2.com
I don't think it will be pulling back to 30 though as suggested in this article... wasn't it put on George Guilder's list this week? If so, it may go parabolic for a short time and then collapse, as most of his picks have done.
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To:
Sojourner Smith
who wrote (
1768
)
1/21/2001 7:23:53 PM
From:
lee kramer
 
of 5732
Soujourner Smith: I use Qcharts and many of my trades are culled from Jenna's, (Market Gems) watch list and Earning's Plays. Since I don't have enough capital or mental power to trade all eight or ten, my real task is choosing the one or two that I think are best. Also, my on-line firm has a "streamer" so I can watch as many stocks as I choose; it's quite helpful. I generally list 2 or 3 stocks I'm interested in buying, 2 or 3 I may short, a couple in a strong sector. And of course I have these stocks in my Qcharts list along with the NASDAQ and S&P futures.
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To:
Susan G
who wrote (
1769
)
1/21/2001 7:37:32 PM
From:
.Trev
 
of 5732
Interesting indeed. Wish you could bottle your energy and drive......I'd buy some.<g>
I just can't keep up with the reading, even when they are on my watch list. The other problem of course is that when I've just missed something I have a tough time convincing myself to chase it. Way back when, I missed MLNM at $17 based on an excellent write up in the Economist, and then literally sat and watched it roar to $300. Never did own a single share. As Yul Brynor said in the King and I "That sure is a puzzlement"
Keep up the good work, it's awesome to behold
Cheers
Trev
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To:
lee kramer
who wrote (
1770
)
1/21/2001 7:39:17 PM
From:
Sojourner Smith
 
of 5732
thanks.
I am currently a member of Jenna's site.
I did very well last year with IPOs - very easy then.
Got crunched the last 3 months trying some things new
for me.
Trying to rebuild now.
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