Comments on: Understanding Technical Stock Market Analysis

By: Kevin S

Kevin S — Tue, 22 Jun 2010 06:18:57 +0000

Technicals work fantastic…if you have a trading plan.

Know your support and resistance, and don't take big losses and use trendlines to understand when to take profits.

Technicals work great if you use larger time frames for longer term trades and shorter term charts for shorter term trades.

I trade for a living and I'm only successful on about 60 percent of my trades. The key is understanding when to get out of the position.

Good luck!

Matt

By: just me

just me — Mon, 21 Jun 2010 23:57:47 +0000

Things that jump out to me:

Under your qualifications, your tense changes a few times, I see filing, answer and dispatched – it would read better if it were consistent (and to be honest seems to contradict the point about attention to detail).

Also, under qualifications I think there are a few points that are repeated in your last point. I would take out the repetitive items:

General office knowledge including but not limited to: keyboarding, 10-key, data entry, multi-line phone skills, and the ability to operate and troubleshoot most types of office equipment including fax and photocopier.

Also – did your job at the realtors end in August 2004, or is that where you are currently employed? If the latter is the case, I would put August 2004 – present.

In terms of your listing of dates for previous employment, I am confused by the following: January 1998 / August 2004
Does this mean that you worked there for the month of Jan 98 and Aug 04 but not in between?

You list one job as having worked there from February 1996 – February 2002, so again I think consistency is needed if the above job was from Jan 98 to Aug 04. And personally I think the dash looks far better than the slash to separate your start and end dates.

Good luck in your job search!

By: Hello

Hello — Mon, 21 Jun 2010 16:12:56 +0000

hi
i use it for delivery trade
Fix ur indicator & parameter & just follow them

By: Miz Patti

Miz Patti — Mon, 21 Jun 2010 11:51:54 +0000

I don't believe that any of the $700 billion has been distributed yet. And, it's thought that it will be a significant amount of time until the money works its way into the economy. The banks are going to start doing what they should have been all along – analyzing the repayment potential before they make their loans. They are under a magnifying glass right now and they are going to err on the side of caution. But, without that money, the banks couldn't even make the loans even if they had wanted to. Meaning that the thousands of businesses out there that rely on credit to deal with day to day operations would suddenly not be able to. If that happens, they stop paying creditors, then they stop paying employees and the problem becomes worse and worse until we would be in a true depression. It isn't that the banks don't trust each other. On the contrary, they are the only ones they do trust right now.

By: bob g

bob g — Mon, 21 Jun 2010 10:40:28 +0000

I look for the put call ratio to be very low and begin to rise. I also look for the new individual stock highs to peak and drop off while the market is still rising. A spike in volatility while the market is at new highs is the signal to get out now or go short.

By: Devil

Devil — Sat, 19 Jun 2010 09:41:59 +0000

The best out there: "24 Essential Lessons for Investment Success" by William Oneil. He is the founder of the publication "Investor Business Daily"

By: Jay

Jay — Sat, 19 Jun 2010 08:44:27 +0000

A mistake leaning investors make, is they're perfectionists at TA.

The charts represent mass psychology between buyers and sellers, supply and demand of what people think a stock is worth. When you see it from that perspective, it's easier to have an appreciation for charts. People aren't always predictable and neither are charts.

Try and estimate with you're horizontal lines. You could put one at $18 as a major support. This seems reasonable on the daily/weekly charts since HD hit $18 three times. You could use $21 as a short-term support or even 20.80. There's no perfect right or wrong answer. You need to estimate to master support/resistance.

If you think HD is on an uptrend, use other Information as clues. The fact that HD raised it's dividend in 2008 and made a profit in a difficult year is good evidence.

With support and resistance lines, the more a stock hits a certain price, the more significant the support/resistance.