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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

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To: Blake Turner who wrote (30292)6/17/1999 3:02:00 AM
From: Doug R   of 79415
 
Blake,

You're the man.
Well...one of 'em anyway.
Check out Alski's Project performance.
Check out Woody's application of the 4, 3, 2 acceleration.
Check out Milesov's Project performance this week.
Each week something becomes an obvious profit situation. It's up to any individual to recognize it and then apply good trading sense to that situation.
The key factor on the Project is a move over Friday's close on significant volume. The performance of any stocks that don't get going is actually a moot point. The purpose of the Project is to narrow down the number of scan hits to a manageable level in order to take advantage of the stock or stocks that become obvious. WMS pretty much became obvious today. XOMA was a great quickie.
Also, don't forget to keep the carryover list on radar.
A major problem with trading is, "Too many stocks, not enough money to play them all" The Project is designed to greatly reduce that problem. So far, it's working.
Looking forward to your contribution with the "S" group.

Doug R
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