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

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To: Esteban who wrote (10215)1/8/1998 8:30:00 AM
From: ivan solotaroff  Read Replies (1) of 79145
 
Esteban,

Great post. One amendation, though, plus one confirmation of MEEP theory:

"we have Ivan successfully shorting OXHP with the "just do it" method" ...
Yes, there was much randomness in my choosing to enter at 5/8, but I did remember the figure from 10/10 (the post-second-gap high), and acted as much on that as on instinct. Well, maybe AS MUCH, but it did help trigger what became a no-brainer decision.
The contribution to MEEP comes from the 10th and 12th tops. Follow the line, and you not only get a signal confirmation. You probably come within a few teenies of dictating the actual price.
Coincidence?
Better ask Jack Palance!

Ivan
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