The 56 Point TA; Charts With an Attitude Message Board

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

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To: Doug R who wrote (30382)	6/23/1999 10:33:00 AM
From: ivan solotaroff	Read Replies (1) of 79269

FEET Doug, I suspect you're right. The large volume at minimal intraday spreads has usually augured well with pussycats on the way up. And though I haven't done any studies on it, my experience is that once these cats get above 35% to 40% from their signals they tend to become momentum plays. I'll try to bring some examples to Philly. BTW, you have to give me time and date on that: I've been so busy I never gave you the symbols of cats to make acetates of, so I'll try to Xerox off a few charts I can pass around. Unfortunately, what I have "up my sleeve" with FEET is a small number of shares purchased in the mid-8s, which I just got obstinate and wouldn't sell. (I'd taken too many successive commission losses on stocks like APM and EAII, and it clouded my judgment.) I guess we all have moments where we go beserk and break rules. This time, at least, I did it with small amounts. Ivan

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