TA- Advanced GET Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : TA- Advanced GET

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Bruce A. Bowman who wrote (463)	5/7/1997 7:09:00 PM
From: Ross	of 1551

Bruce.. Great to make your acquaintance!! <<We're having some sunny weather here in the SF area as well... and very warm! Guess the Pacific high is still off station. Better enjoy it while we can! :-) I know exactly where Newport is and like the area very much. It's been several years since I was last that far north (I need to fix that). I think of this as very unusual weather for your area.>> If you mean that we rarely have sunny weather, lately your right!! <<And please extend my thanks to your Aunt Mary... she may have just saved me from another boring meal!>> I read your personal profile and coincidentally my Aunt designs square dance clothing for a company in San Francisco! I can't remember the name of the firm but they are converting over to Line Dance styles.. She has been there head designer for years.. And My Uncle (they live in Redwood City) just loves to sail.. Your two favorite things, dancing and sailing! <<Left off the example... take a look at POYO on a weekly and then look at the daily for the entry, which on my chart is possibly tomorrow: (high of 1st blue bar) + 1.5 * (range of 1st blue bar). In most cases, these seem to retrace a little before hitting the entry point.>> I have included a chart with this posting... teleport.com POYO is on the bottom of the page.. I assume you entered today? A day or two after the XLT (dailies). I still don't care for this entry.. The stock has been trading in the US $4.00 to US$5.00 area for a while and then you enter at approx. US$7.00?? Today's range may produce a Blue XLT on weeklies.. I really don't know anything about the stock but if you look at RSI and other oscillators they are diverging suggesting topping.. Fib. extensions also indicate EW5 could be near... This is what is dangerous about XLT, to me.. I have included a chart of HBOC and it is up from US$44.00 to almost US$60.00 and still no Blue XLT.. Each time, on this stock, XLT "alone" would have gotten me in at the top! I never use one indicator alone.. By the way I'm getting killed on this stock, I have aug. puts and there worth about 1/2 of what I paid for them.. :(( I think the XLT is interesting, but for my style of trading I believe it would only be useful if I had "hourly" bars of data.. And I think each persons style is a big area of discussion.. Good luck!! Ross

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next