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 (24079)	12/8/1998 12:27:00 PM
From: ivan solotaroff	Read Replies (2) of 79308

ASHW, AKLM -- EDIT Doug, Averaging down on a good signal day? Hmmm. I did it yesterday with CEXP, without even realizing (first at 7/16, then 4 1/32). Maybe a good occasional anticpatory strategy for cats, as they do have a way of taking off on the signal day. Is this the kind of thing you can backtest with short-term technicals? This is probably just idle chart-gazing, but: I've got a strong feeling AKLM is forming yet another ascending triangle, set to apex (just rough eyeballing, mind you) in 3 to 5 days. Ivan EDIT -- 17K just went by at 5/8 (ask) on AKLM

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