We all have to start somewhere in learning about ETFs and how they can be a wonderful addition to a long-term portfolio, or add power and diversification to a swing-trading portfolio.

There’s a lot of references out there to ETFs and there’s not a lot of misleading information – these are funds that trade like indexes and have a low expense ratio. Where you get into trouble is with these “leveraged” or sometimes even “inverse” funds. Please avoid leveraged funds until you have proven success in your account with ‘regular’ ETFs.

I don’t know of any particular books to recommend on ETFs – start with Wikipedia and then move from there. There are even blogs entirely dedicated to ETFs.

If I can be of further help, please let me know.

Panamon,
I wouldn’t say that – during a strong trend, in which one side of the market absolutely dominates the other, there are no ’swings’ in price. If there are no swings, then there are no oscillations in the indicator because the 3 and 10 period moving averages remain constant and equi-distant.
During a strong trend move, it’s best to ‘throw out’ virtually all indicators except moving averages (for trade entries). During consolidation periods, it’s time to throw out moving averages in favor of oscillators. Nothing seems to work in all market environments.

Great question!
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I appreciate this answer of yours to one of my previous comments: this is exactly the kind of indications learners like me need while studying charts.

Anyway, I’ve just read it after seeing the SFK chart over here. This chart and its sudden crash seems to contradict your idea that “during a strong trend, in which one side of the market absolutely dominates the other, there are no ’swings’ in price”.

Since I am not an expert, what I am asking is: despite ther bad news around for SKF, the trend seemed to be very strong and well defined. Isn’t this a sudden swing? Or was it so dangerous exactly because of its quickness?

Thanks again for your suggestions about use of indicators and MAs! Keep it up!

Panamon Rn+