February 18 2000 at 5:32 PM No score for this post
from IP address 63.22.180.221
I have recently read Ted Warren's book (through the Ken Roberts Co). I found it very interesting - talking about the psychology of the market as the driving force - all of which follows good reasoning and is held up with many, many examples.
I have begun to invest using Ted's principles with my first two purchases being picks from the Investolator Magazine (also from the Ken Roberts Co):
SZ
CLHB
Being new to this stock investing system and new to this discussion as well, I will be reading to learn for a while but would appreciate some help/discussion on some specific topics ...
(1) Where is the best place to scan through charts so I can look for "bargains" using the TW approach. One previous post mentioned the chart books from Ken Roberts - how is this working?
(2) How do you define the upward trend line. Ted refers to a slope of 1 - which to me depends on the scale I might use on the y-axis. I guess my question is "How do I know at which angle ($$/month) to draw the upward trend line?" Maybe I am just overthinking this ...
I would appreciate any help - thanks in advance.
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