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: bdog who wrote (37657)	12/3/2000 10:16:11 AM
From: Steve Felix	Read Replies (1) of 79429

Bdog, This is a scan I should run all the time, but I don't. It isn't so much the scan as watching them after the hit. I run it $2 to $8 and $8 to 25. I don't know why since I have never bought one out of the $8 to $25. Although todays hit TPTH looks worth tracking. BEV hit on the smaller one, but a quick look at the chart throws that one out for me. The only other one of these I continue to hold is PSTA, bought about a year ago. If you look back at the PSTA, INKP, and LH charts you will see they were in consolidation at the time. Going over this has helped me to see that I have been stretching the rules on that consolidation. Makes it easy to throw a lot of charts out. In a perfect world I get in on a small rounded bottom. But then in a perfect world CITIs rounded bottom doesn't fall off a cliff. I'll post any interesting ones. And let you know of any I take a position in. You like being right one out of five times, right? <gg> MOST times I don't lose much, just get disgusted waiting. Shhhhh (private message) I usually look at the FA just a little right after I pick up a few shares to watch.

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