Re: Conflicting Messages - Nervous?
in response to
by
posted on
Dec 02, 2009 12:50PM
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Nice job Strike!
Here's the way it looks with a weekly chart. The weekly isn't so "twitchy" either on price or with the T.A. indicators. It gives less buy or sell signals. You can make money and relax.
In the period shown an investor would have ditched his position once, could have experienced one brief whiplash for say 25% of his intended position and profitably gone short. Not that anyone on this board would short Tyhee but it shows the full scope of the methodology.
This is essentially the same Method as Sam Weinstein's famous Secrets for Profiting in Bull and Bear Markets with slightly different indicators. Sam's approach didn't use weeky charts but how nice to forget the day to day stuff and check your investments on Saturday morning with a cup of coffee. You miss so little monetarily and gain so much peace.
http://stockcharts.com/h-sc/ui?s=TDC.V&p=W&yr=2&mn=0&dy=0&id=p91353831235&a=184818438&listNum=8
P.