ChoicePicks.com Releases Innovative Set of Trend Indicators

Author: Anonymous

Source: free-articles



SCOTTSDALE, Ariz., Feb 28, 2000 (BUSINESS WIRE) -- ChoicePicks.com on Monday clearly appear the Volumentum(TM) trend indicators, which advice investors yield advantage of the animation in today's markets. The Volumentum(TM) backbone and Volumentum(TM) administration indicators actuate top anticipation times to buy, advertise or abstain alone stocks or markets. ChoicePicks.com offers all-encompassing banal assay based on the indicators. Animation in the U.S. banal markets is at amazing levels as apparent by the huge circadian amount swings of the bazaar indexes. Top animation generally distorts the accurate basal trend of the bazaar and makes it difficult to barter profitably. "To advice investors with their trading decisions, ChoicePicks.com developed a brace of indicators that acclimate to the supply/demand relationships in the markets and advance the able cerebral armament created by top volatility," explained ChoicePicks.com portfolio manager, Michael Bednarz. "The approach is that banal prices move in a aggregate based anatomy of advertence against a time based anatomy of reference, and that the periods of the heaviest aggregate generally mark important axis points," added Bednarz. At their core, the indicators are congenital aloft assay done by Richard Arms, architect of the Arms Index, which has become one of the a lot of important abstruse indicators on Wall Street. The Volumentum backbone indicator depicts the strength, administration and chain of the basal trend of a stock. To actuate this, it monitors the accepted amount and aggregate accord and compares this to actual values. As animation changes, the indicators acclimatize to become added absolute on canicule of college than boilerplate aggregate action and added adjustable on canicule of accustomed aggregate activity. The Volumentum administration indicator takes advice from the Volumentum backbone indicator and incorporates added algorithms to anticipate apocryphal signals during periods of directional uncertainty. It displays advice in a color-coded bar below the amount blueprint in a simple bullish, bearish or aloof format, advertence at a glance what position the banker should assume. "We accept traders should not absolute themselves to abstruse analysis, but use both abstruse and axiological assay in concert -- axiological assay to actuate which stocks acquire a able amount foundation, and abstruse assay to actuate if to cull the trigger. "The Volumentum trend indicators are abstruse assay accoutrement advised to advance trading decisions and if acclimated in affiliation with axiological analysis, accommodate traders with a cogent bend in the market," said Bednarz. Using the Volumentum trend indicators, traders accept the befalling to enhance their trading performance. ChoicePicks.com uses the indicators as the base to acquisition stocks with top accumulation potential. Banal picks are listed circadian on the Web website for traders to assay and study. Additionally, ChoicePicks.com offers circadian charting casework in cooperation with Prophet Banking Systems Inc. "ChoicePicks.com is a superb website for apprehension assisting banal picks. With the Volumentum indicator in Prophet's charts, investors now accept online admission to a able decision-support apparatus that can be activated to any stock," said Chi Huang, carnality admiral of business at Prophet. Afresh ChoicePicks.com listed stocks such as California Amplifier Inc. (CAMP) which soared over 25% in the endure three weeks. The year-to-date (2000) achievement of the ChoicePicks.com portfolio afresh soared accomplished 30%. The afterward companies were afresh accent on the ChoicePicks.com Web site: Yahoo! (YHOO); General Dynamics (GD); Ditech Communications (DITC); Pacific Internet (PCNTF); Sawtek Inc. (SAWS); Mercury Interactive (MERQ); Polaroid (PRD); AMR (AMR); LSI-Logic (LSI); Photon Dynamics (PHTN); Polycom (PLCM); International Rectifier (IRF); Zebra Technologies (ZBRA); Galileo Technologies (GALT); Dell Computer (DELL); Toys'R'Us (TOY); ENSCO (ESV); E-Trade Group (EGRP); Ameritrade (AMTD); Leap Wireless (LWIN); Comverse Technologies (CMVT); Knight/Trimark Group (NITE); Emulex Corp. (EMLX); Anadigics (ANAD); CIENA Corp (CIEN); Helix Technologies (HELX); The Gap (GPS); Abbott Laboratories (ABT); Earth Link (ELNK); Multex.com (MLTX); Intermedia communications (ICIX); Cnet (CNET); Adobe (ADBE); Tyco International (TYC); Global Crossing (GBLX); Lucent (LU); Broadcom (BRMC); Cisco (CSCO); Activated Materials (AMAT); AOL (AOL). About ChoicePicks.com ChoicePicks.com is an online educational investment account alms chargeless account banal picks based on the Volumentum trend indicators, a chargeless account bazaar newsletter and educational online writing for the alpha and avant-garde trader. The aggregation aswell offers exceptional casework accompanying to circadian banal picks and avant-garde abstruse analysis. For added information, see http://www.choicepicks.com/. About Prophet Prophet Banking Systems provides bazaar advice and Internet-based decision-support applications that accredit absolute investors to barter added profitably. Through a growing apartment of webtop tools, including Prophet JavaCharts and SnapCharts, investors accept able analytic angle into the company's world-class banking database. In accession to confined alive traders and online investors at its Web website (http://www.ProphetFinance, GPS Reviews and News Online, .com), Prophet offers site-to-site licensing of its services. The aggregation is amid in Palo Alto, Calif., and can be accomplished at 650/566-8055. CONTACT:, GPS Reviews and News Online, sales@ChoicePicks.com or Dina Galassini at 480/990-2975