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

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To: Magnatizer who wrote (37696)12/7/2000 3:27:40 AM
From: Doug R  Read Replies (1) of 79164
 
Mag,

ASPX
Longer vs shorter term perspective is a relative thing. Is 4 months short term?
Message 13999871
ASPX went from $5ish in July to $13ish by Nov. Not many stocks nearly tripled in that period. While it's true that I'm looking a bit farther out for a target of 16 to 17 (a move to the MDTL) the additional % potential for an extra 6 to 8 weeks is worth the wait. But hey, during the time...it'll be damn tradeable too. I'll have a core position and a trading position. Interestingly enough...it's usually the core position that performs best in cases like this. Nail a couple trades right though...and yer in gravy city.
Thanks for the mag chart and Gartley read. Extremely helpful.

BTW...how does DRMD stack up within the Magnet/Gartley realm?

Doug R
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