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: Dave H who wrote (9632)	12/28/1997 12:28:00 PM
From: ivan solotaroff	Read Replies (1) of 79378

Dave: Good catches. LIPO signalled loudly on 11/11, and gained 50% in less than 2 weeks. AMLN signalled on 11/20, but did nothing. TEAL signaled thrice, 11/19, with minor gains; 12/5 with nada, and 12/12 (we're still in that minor uptrend, though I feel we may have topped out on Friday). I don't know if, in a perfect world, TA and chartism would tell us why LIPO succeeded so much more than the other two, or if this is where the likes of Sergio/Instock would come in. I suspect these are purely technical plays, but at this stage of lab-rat, I wouldn't want to rule out any possibility for further study. My hunch is still strong that 12/30 and 12/31 will be mondo PGDCEB signal days. If this proves right, and if historical studies shows it to be perennial, I will give up the market gladly and only play the last two weeks of every year. Ivan

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