Re: Gumby's Trading Account
Originally Posted by
Here$14U
Hi Gumby;
I love ratiocharts. Go to stockcharts.com and type in dig:dug. Add your favorite indicators. It is a comparison chart to see if dig is outperforming dug. Check slow sto, macd, and CCI7. Use Bollingerbands, and 5 day moving average. U can do ratio charts with anything. I like $SPX:$VIX which is very interesting. You can do USO:SCO, GLD:SCO, UYM:SMN, let yourself go! Try $SPX:$SML to see if large caps are outperforming small caps. How about $USD:$XEU to see if the US$ is outperforming the Euro. Have fun with this.
14U mentioned that a bit ago and I jumped on it. Works great if you're trying to decide between two different ETFs that do similar things (CAF:FXI for example) or if you're trying to decide which of two different types of ETFs to purchase (XLK:XLI). That last one really helps when you study different timeframes.
Thanks, 14U!
Lady
If you think education is expensive, try ignorance. - Derek Bok