Quote:
Originally Posted by cfrench0817
I really enjoyed your paper. I am pretty new to trading but have been playing around with it for a few years on and off. I have really started to try learning it over the past few months and have managed to grow a spare retirement account by 50 percent in the past 4 months (mostly listening to Jim Cramer and doing my own research). I am now getting into technical analysis and it really fits with who I am (nerdy I guess). I was wondering what analysis you used to decide to buy this stock when you did. Was it because the MACD lines crossed or were you watching for the 10 day MA to cross the 40 day or what? How did you guess that the stock would rise as much as it did? Thanks again for your paper, I found it very informative.
|
Good questions. I could bury you with tons of chatter, but I think I will put it best to say that I have already created a document on how to perform technical analysis. It is called "Technical Analysis Made Easy". It is found in the same area where you came unpon this document.
Little note: Although I enjoy once in a while watching Cramer, it is just for fun. It is a weak attempt in creating entertainment for the stock market. I really like watching him for a good laugh, but I would never put money on his hype investment calls. When he started this little show and the crowds started following him, I noticed a trend, I think that after a while of watching the stock calls he makes, you will see the trend and understand why it is not a good idea to follow the sheep to slaughter.