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Technical Analysis Tips
The
professional investor looks at the same stocks and only buys when there
is a SALE going on. He doesn't care about analysts or market hype. So
when everyone has given up and sold, he is buying. After a month or
two the stock rebounds and Wall Street loves the stock again. Analysts
hope on board and upgrade the stock to a strong buy, raising estimates
and new fools come in and buy the stock at the all time high. The professional
investor then dumps his stock and looks to find the next stock that
is at a bargain price.
- Technical Stock Analysis doesn't
look at income statements, balance sheets, company policies, or anything
fundamental about the company. Instead it looks at the actual history
of trading and price in a security or index.
- Every technical analyst knows the importance of charts
and indicators. But if these were all it took to make profitable trading
decisions, everyone would be a winner.
- With most indicators it is possible to detect buy
and sell levels. The sport is to detect them before everybody else.
- Analyze market data in real time. Plan your own Market
Timing strategy to make money, regardless of upward or downward trending
markets.
- Every technical analyst knows the importance of charts
and indicators.
- Study charts often (daily if possible).
- Minute-by-minute trading volume shows the reversal
points of the market, and therefore when to buy and sell!
- "The trend is your friend" is the motto
of technical analysis
- Volume based technical analysis is very effective
for analysis of future prices of QQQQ (AMEX:
QQQQ), S&P 500 (AMEX:
SPY), Dow Jones Industrials (AMEX:
DIA).
- Related Links:
-
Options
Trading -
Uncovered options trading system - conservative way to invest into the QQQQ
and SPY naked options.
-
Rydex
- Rydex and ProFunds trading signals. The signals are generated and
emailed one hour before the market closes and suitable for trading
funds at the market close.
-
NASDAQ 100 -
Stock market trading info for NASDAQ 100, S&P 500 and DJI
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