Thursday, December 28, 2006

DreamTai Stock Trading Software:Thursday, Dec 28, 2006

(c) Dreamtai Stock Trading Software

Disclaimer: For education/entertainment purpose only. Invest at your own Risk


On Wednesday, the Dow closed at 12,510 which is 102 points higher than the previous close of 12,407




As long as the index is in the upwards sloping channel, the trend is bullish.

Some picks

I have put here the scans of all the Nasdaq 100 stocks using TradeStation.
The scans are for those stocks which have trended up or down in the past month.


UPTRENDING:




DOWNTRENDING :






Question from Tom:

If your buying stocks at there 52 week low is it better to buy when chart turn green?
I'm looking for support thanks. I just want to buy when price is low.


Hi,
The problem is that no one can predict when an exact low has been reached.
The stock can go lower also..It can go uptil zero.
So, it is very risky trying to buy lows.

DreamTai is better suited for buying at Highs, when the trend is in our favour and is helping up to push the stock up.

Have a look at Enron in the following page

http://dreamtai.blogspot.com/2006/05/money-management-market-survival.html#links

If you had purchased it at low, you would have made a huge loss.

It is like catching falling knives.

Here is another link

http://dreamtai.blogspot.com/2006/04/gentleman-from-ireland-saturday-april.html#links






Question from David:

Current dreamtai does not show afterhour prices ? or am i not doing some thing right ?
same with pre market prices do not show up

DreamTai automatically downloads prices from Yahoo Finance.
Yahoo does not have pre and post market data.

If you want real time data, try using TradeStation software.


Question from David:
You had said you have stared a subscription to RadarScan from TradeStation, how do i get it ?


RadarScan is a very useful scanning tool where you can create your own customised scan.
You have to subscribe to TradeStation charting platform.
Go to http://www.tradestation.com for more details.


Question from David:

Does Dreamtai has inbuilt scans ? Do yo plan on implementing scans in dreamtai ?

No, at present it does not have scans. We may put it in future.









(c) Dreamtai Stock Trading Software