Letters To S&C by Technical Analysis, Inc.
THE BEST INDICATORS TO USE?
As it has been for many other investors, the past year has been very challenging for me. I read and reread your magazine, but what Iíd like to know is:
Is there a handful of indicators you would recommend plotting on a stock or index chart to get a very accurate read of whatís happening or whatís about to come? There are so many indicators, so Iím asking for the ones you feel give the most accurate readings. Something that helps you prosper 80% of the time or better.
You are correct in that there are a lot of indicators. Thereís no right or wrong set of indicators to use because itís impossible to know what is about to come. It is how you apply them that makes all the difference.