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

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To: Doug R who wrote (19172)7/8/1998 11:08:00 AM
From: ivan solotaroff  Read Replies (1) of 79282
 
Doug,

Thanks for the mention re VVUS/PFE, but the credit on that one's yours. My inability to play VVUS--even once--has been the great shame of my kitty career. Missing this last move has me seeing REDDDDD.
I like what you say about gapping through resistance. Don't know how short-term you'd care to stretch that, but check out today's move on SEG:

iqc.com

Unless I'm way off, that gap seems to have gone through the downtrend of the mid-May to July 1 resistance.

iqc.com

Is currently retesting.
In any case, I like the chart a lot, and though I'm probably way early, I like the notion of rotating into the DD sector--if only at experimental, get-acquainted portions.
A belated welcome back.

Ivan
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