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Re: What are the basics?



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RT's,
	I just love people that use the old standby indicators.You should keep on
using them. Simplicity is a wonderful thing. It just makes sense doesn't
it? 85% of traders lose $ so what % use those "good old" indicators? Keep
up the good work.

Best Regards,

Brent


> At 01:40 PM 3/17/98 -0700, Tracy Mullen wrote:
> >
> >Referring to this last statement I am more convinced that using basic
> indicators such as moving averages along with RSI and going with the
trend
> along is better than trying to predict a peak.  It seems like the simpler
> the system the better it works.  I am interested in the typical number of
> variables that are used in their system.
> >
> I agree, MACD, RSI and Stochastics, plus EMA should do it.  These make
> up the best leading indicators.  I am unable to decide which one
> give an the earlist signal.  May be it only works for us daytradesrs.  
> 
> Pete
> 
> petena9090@xxxxxxxxxxxxxx