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

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To: Sandra who wrote (10101)1/6/1998 5:17:00 AM
From: Doug R  Read Replies (7) of 79162
 
JT,

Nice advice. Just in time for the POW to be changed to the SWAT pick...which of course is an entirely different concept. Oh, and by the way...on the "56" thread I have completely revamped the focus to a strategy that each week clumps 2 dozen stocks into a "volume watch" list. The key is to watch them all and when early trading price and volume kick in, go long. If you are really as methodical as you try to appear to be, you would of course already know all of this. You might also be sharp enough to have picked up on the stalking of ABTX as a short due to its violation of the IL. Yes, I'm sure you must be aware of the entire spectrum of trading strategies (performed in real time) that can be utilized on the "56" thread. Your tone has the ring of expertise (??) to it.

Just as a test...What is a PGDCEB or an IL or for that matter, an ACT?? If you really are following the "56" thread, you should have no problem with this. When I called RADAF a short at 17 1/2, I must assume you went long. And when CSRE jumped out of the gate Monday morning and ran over 25% when I clearly stated it was ready for a 20 to 30% move this week...you shorted it right??

APM, CSRE, SGI and OXHP were the last 4 stocks most heavily focussed on in the last 6 trading days on the 56 thread. Did you actually establish a short position on any of these in that time? (gg)

Doug R
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