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: in_cog_nito who wrote (43023)	8/22/2003 12:49:39 PM
From: Doug R	Read Replies (1) of 79326

Scott...go back and look at the A+ lists for the year. The 3 week results on the bulk of them will give you a rough guide as to what an A+ can do. As far as wisdom...all I'm doing is providing my opinions of the TA on any stock that I regularly track insofar as that TA couples with chart structure to provide a compelling case to watch those stocks closely while anticipating entry based on any individual's risk/reward preference. That individual must retain his/her own entry/exit strategy depending on the person's % of "portfolio" utilized, timeframe considerations, remembering that on a chart/TA analysis basis...you're not buying a piece of a company, you're buying a chart based on supply/demand dynamics. I thought you were going to supply the wisdom...you promised some FA feedback on symbols from the list that you were interested in. FA is the "wisdom" part...your area...so...what's the fundamental scoop on any of the stocks I've posted in the last 4 weeks in posts where only one stock is mentioned? When I get a chart that lends itself to extremely specific calls, I try not to hesitate on calling it. The concept involved pertains to knowing when to pick any fight or any way to go about fighting it. If a significant % gain comes to a statistically successful forefront for any chart I watch, the baseline avg expectation is 30% in 2 weeks or less. As any particular stock progresses, volume and short to intermediate charting techniques should always apply. I can't draw an exact roadmap but the general ideas stick to what works in any proper short-term trading, goal-oriented rules of engagement. The basis I use for choosing which fight to pick and how to fight it comes down to volume at the end. I'll do the charts on WONE for ya this weekend and post 'em on mycharts.com with a link here. Doug R

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