Most chartists don't win in the
marketplace, because they rely too much
on the PRICE axis analysis, which means
they are trading with only HALF of the
information available in their charts.

Astroanalysis brings a NEW dimension of
TIME CYCLES to technical analysis .....

http://easy-trading-tools.00cd.com

Hi folks,

Recent comments about the value of charts
on some oil stocks are interesting.

They also show, that some traders either
lack the DISCIPLINE to follow a sound
trading plan ... or they don't have a
trading plan, at all.

Let's take Petsec - PSA, for example:

On 07072003, a techie's update for PSA
was posted in the archives at the Aussie
Oilers site ... in that file, the 94
cent level was stressed as critical
resistance for this stock, based on
nothing more than TA and some simple
astrotools.

If then, we can identify these price
targets well IN ADVANCE, then we can
devise an exit plan for our trades,
accordingly.

Fundamentals, simply backed up our TA,
inasmuch as by the time PSA was nearing
.94, the market was waiting on results
from this current well, in GOM.

Knowing that .94 was critical resistance
and there was an anouncement due, why
would anybody hold through the
announcement ... there's only one answer
to that ..... GREED.

Now, let's go back to our exit plan, if
we are in profit and we have identified
significant long-term resistance, then
if we trade to an exit target, just
below the resistance, then we are out of
the market, with profits, BEFORE the
panic sets in.

Trading is all about strategy ... it is
NOT about picking exact tops and bottoms,
but simply taking the "meat" out of any
profitable move, while it exists !~!

-----

..... sure there will be big swings as
more traders recognise the value of the
charts ... all the more reason to be
trading smarter ... that means being
in and out of the market BEFORE the
masses.

Better market timing is the key .....

-----

If you think PSA is a one-off example,
just take a look at our analysis for
AYO, ARC, KBO and a lot more .....

..... and it's not confined to the
oilers either.

Check out our analysis on TIM, with a
forecast entry posted for 11042003
(in February) and now the key dates and
exit forecast .....

-----

PRICE charts are just another analytical
tool and should be used in combination
with TIME axis analysis, to help us stay
ahead of the crowd.

-----

Most chartists don't win in the
marketplace, because they rely too much
on the PRICE axis analysis, which means
they are trading with only HALF of the
information available in their charts.

have a great day all

yogi

http://easy-trading-tools.00cd.com