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: Doug R who wrote (17933)	6/1/1998 3:09:00 PM
From: ivan solotaroff	Read Replies (1) of 79243

EDIT--A BIGGGGG YES FROM THE CATHOUSE Doug, "A good place to focus is the more recent 30% gappers and short 'em until they signal or until the market revives." Couldn't agree more. Hmmm. NSCP was only a 23%-er, and is already five months old. Hmmm. Let's look at the chart: tscn.com I think what I really like is a) It's straddling the previous gap-point. I don't know of a stock that's gapped twice from the same cliff, but maybe there's a repulsive quality to this particular magnet? (WISHFUL THINKING), and b) That first gapdown was mirrored, at a point or so higher in the chart, three and a half months later by a one-day gap-like rise in mid-April, which is the point we're currently straddling. Needless to say, the great dream of every cat-man-du is to be short a stock the day it gaps down 30%. Should I only live so long<gg>. Ivan EDIT--- Are you following BOST by any chance? Unreal.

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