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Strategies & Market Trends : TA- Scans and System Tests

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To: Sam Cohen who wrote (185)	12/16/1996 9:39:00 PM
From: Bill Sandusky	of 989

Sam, Group strength (speed) is extremely important in my view. Don't want a strong stock in a weak group. AIQ, IRL and TF+ all capable of doing a good job with this analysis. Don't do shorts (yet) but am getting ready. Opened a margin account (necessary for shorting) a couple months ago. Have a couple fellows in our local group that do quite well shorting. Was up approx 31% for October having only started on Oct 9th after returning from GET seminar. Finally, use candlesticks every day in my work. They tell a very important story IMO. EAGL looks to be a good short. GET would have gotten you in at a higher level (around 28). Latest sell on my CCI/MACD system using LiveWire and TradeStation was given on 11/6 (close 28.44). Sell is still in force but looks like EAGL may be nearing a corrective move. Stay tuned... Bill

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