Great Way to Play the Momentum Game
Written: Feb 01 '00
Clearstation provides some of the best looking free charts for those interested in momentum plays. Particularly useful are the red and green trendlines that show whether a stock is "hot" or not.
An example of the usefulness for those momentum players out there would be if you looked at a chart like Qualcomm last year. All Green all the way which equals lots of green for yourself had you made that investment.
The messageboards are definitely not the garbage you find on the Yahoo! boards either, but other sites like the Motley Fool tend to go more into information about company fundamentals.
The overall look of the site is definitely geared towards the technical investor. The charts are so huge compared to charts at other sites, load fairly quickly and the use of white color for the Clearstation background makes them easy to read.
Another useful feature is the Member recommendations, which definitely make you feel more comfortable with your own investments when you know others are cheering your company on as well.
Overall, I would recommend Clearstation for anyone who invests using technical analysis, or just likes seeing their lastest 10-bagger on a really huge chart.
Recommended: Yes
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