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Strategies & Market Trends : 99 RS stocks--WATCH THEM FLY HIGHER AND HIGHER

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To: freelyhovering who wrote (660)1/24/1998 11:54:00 PM
From: Al Greenleaf  Read Replies (1) of 836
 
Well, I'm doing this on a Saturday night because I don't have any friends either! <gg> I got out of ADVH pretty quick because the momentum went to hell the next day. Made a couple bucks and got out. FIBR scares the bejezus out of me because it rose so fast. Maybe I'll jump in on Elliot Wave #3 (could be 2 now).

I really like WSTL, and there is a lot of info on the WSTL thread, some of it useful. PAIR should be better by all rights, based on FA and news, but somehow the chart itself is better on WSTL.

I need to talk to you about some plans I have. (Maybe you're doing this already). I want to take your current list, remove any stocks with weak or too new trendlines, or weakening long term indicators (you probably know what I use by now, OBV vs it's 90 dma, Stoch 55,21,21 and MACD (I forget the damn numbers)), and from the cut-down list pick those with increasing volume, upturning shorter term stochastics, macd, obv, moneyflow, rsi and roc. Then I want to send them to you for you to frame on the wall, oops, I meant to see what, if anything you do NOT like about them, so we can both get stinking rich. Then, the plan is to meet in the Caribbean on our respective yachts and drink Margaritas. What do you think?

It might be useful to constructively criticize each others picks as a means of cutting down the list. If your criticism is REALLY harsh, you can email me to save embarassment. <gg> Hope there won't be too many like that! I know we use different "rules", so it might be helpful.

-Al

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