new charts , page-28

no software....I just read books and online and then apply those ideas in trial and error over the years.

Most errors are made with gut decisions rather than planned decisions.

Software maybe good for identifying stocks with bearish or bullish patterns...i.e scanning the ASX, but I choose to just follow about 20 shares and just stick to them so I get a feel for them. Otherwise automated software, I feel, is liable to fail.

My entry, again, into SDL is based on a nicely formed double bottom on 30cents, a break in the last downtrend channel and now a further purchase based on volume with potential island reversal or break away gap. Also I note the DOW looks to add on gains with a more bullish alignment of moving averages. All said though, I am getting stopped out alot recently trying to pick changes in trend. But keeping any losses very minimal and always ready to re-enter. I figure having a few good reasons technically to enter a stock is what this is all about for me.