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Re: Investools Questions
NPG,
You forget how overwhelming investing is for someone just starting out. :)
I actually find the charts very useful. You say that you don't use the charts, but you should use them. Even if your plan is to buy a stock and sit on it for 10 years. The price point at which you buy a stock makes a difference. Without the chart, you might watch for a price you think is a good entry point. No problem with that. But if you could look at a chart and determine that the price might drop another buck or two, would it not make sense to wait and buy when the price has dipped even more? I think charts are useful. There are no guarantees that a stock will move the direction the chat predicts. But I think you can develop a bit of a sense about the market and if it agrees with the charts then you have a good chance the stock movement will happen as you think it will.
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