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Technical Indicators: Oscillators and more

Today's Financial News - Posted September 3, 2008

“You hear about oscillators, regression lines and channels, and so on and so forth. You could spend the rest of your life learning about every indicator technicians have come up with trying to gain an edge over other investors.” — Rick Pendergraft

by Rick Pendergraft

Baltimore — (TFN):  As Tony Robbins says, you don’t have to know how electricity works. All you need to know is how to flip the switch to get the light to come on.

The same can be said for many of the technical indicators that are available to investors. You hear about oscillators, regression lines and channels, and so on and so forth. You could spend the rest of your life learning about every indicator technicians have come up with trying to gain an edge over other investors.

Oscillators, for example, are nothing more than overbought/oversold indicators. Each one has a level that is supposed to mark a turning point for the stock – a level that screams that the stock is overbought or oversold.

There’s nothing wrong with using indicators to help make your investing decisions. Read on to learn more.

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Next Article: Buy Smurfit-Stone (SSCC) when it falls below $6

Posted by Rick Pendergraft · Filed Under Investment Strategies 

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