Wednesday, September 22, 2010

Stocks of interest and change to Yahoo finance for chart shapshots

ARHM AT 18$
JOBS AT 36$

Do not use google finance because it does not give the over all picture of the chart. Yahoo finance is the best because it gives a small picture of the stocks. This is very useful tool as it gives the present situation in a snapshot.

When there is a correction and when the ARHM is near the 30 day average, purchase the stock.
JOBS had a large volume change that moved the stock from 30 to 36. That is a very positive sign of the stock moving even further up into mid forties.

By not looking at the chart patterns in a snap shot I missed out on many major moves. Like JOBS. Even if one manages to get in between the rally that would be very profitable. So it is vital that I watch the charts as a small pic along with the portfolio. A small mistake like this can cost me thousands of dollars.

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