Forum Archive Index - April 2004

["trader 100" <trader_100@hotmail.com>]

Phaedrus,

Despite re-reading a number of books and all the posts you have made to 
Sharechat over the last 3+ years I still don't fully understand how to 
effectively combine trendlines and oscillators.

I note that in this post:

http://www.sharechat.co.nz/archives/2002/06/msg00078.shtml

you comment that that:

"RSI and Stochastic are both momentum oscillators, and as such are best 
suited to stocks that are in a trading range. As you rightly observed, FUN 
is now in an uptrend. Trending stocks are monitored by trend indicators."

but in this post:

http://www.sharetrader.co.nz/topic.asp?TOPIC_ID=19267&whichpage=4

you highlight the merits of using oscillators for a stock in an uptrend.

You also have posted many charts that show the benefits of using an 
oscillator to confirm an entry point when a stock has broken through a 
downtrend line but is still trending down.

These comments can be partially reconciled on the basis of not selling a 
stock in a confirmed uptrend based on an oscillator sell signal but I would 
really appreciate your feedback.

Thanks

T100.

_________________________________________________________________
Watch movie trailers online with the Xtra Broadband Channel  
http://xtra.co.nz/broadband


----------------------------------------------------------------------------
To remove yourself from this list, please use the form at
http://www.sharechat.co.nz/chat/forum/