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

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To: Doug R who wrote (21119)9/8/1998 9:51:00 PM
From: bruce-l  Read Replies (1) of 79447
 
Doug:

Since I put up that huge list yesterday and created all that work for you I figured the least I could do was follow up on it. From the big list only 10 were down, they must really be weak if they went down today. On the list you posted back with your blessings only FMXI went down which caused it to break the trend line and signal. Two carry overs from yesterday that may signal on a down day tomorrow are CFS & TEAM. 1 new one today, UHAL. Boy a big up day really murdered the inverted RSI3 trick.

One question I have Doug is did the big up day negate the rest of the list or are they still potential sells when the RSI comes back down and breaks the trendline.

Thanks for your expert advice. I think I have a better feeling what you were trying to teach after looking at the stocks you picked compared to the ones I did.

bruce
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