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Strategies & Market Trends : WELCOME TO THE CATHOUSE

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To: ACAN who wrote (237)9/20/1999 3:10:00 PM
From: ivan solotaroff   of 1065
 
CKR/LJPC

Allan,

Two interesting non-signals you've brought in:
CKR is a breed I've never seen before, a double-Este-cat-gapper, meaning on two separate occasions, it gapped insufficiently to become a cat, but then finished out the day with a respectable cat-sized lump on their its and an outline of its physique in the glass roof of the cathouse, created as it plummeted from respectability into the House of the Falling Cat.
"There is
A cat
In New Orleans ...."
On the first try, early June, it gapped a respectable but not qualifying 16%, and finished the day down 23%; the most recent was a mere 7.8% gap, followed by a truly Este-qualifying gap-down day, close-to-close, of 29%. I've never seen it before, and won't touch it with Captain Kirk's ten-foot pole.
LJPC is a feline very, very dear to my heart. I want to strangle every cent out of this little manx that I can. However: It failed to signal on 9/15, which qualified for a new low on significant volume, but not for the third reason: it closed 1/32 off the low; I don't know if that was the bid or the ask, but it's not enough in either case. Penny-cats are in my ears and in my eyes, to quoth Paul McC, but I really don't want them up my you-know-where, searching for my fiduciary Klingons.

Hope that helps,
or at least amuses,
Ivan
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