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

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To: bdog who wrote (27988)4/2/1999 11:53:00 AM
From: Instock  Read Replies (1) of 79230
 
bdog: < " osci wants his meds back....>g< " > Maybe the coffee has not kicked in yet, but I don't get it. Meds?

Doug/Business Week - " Would this not be evidence of excellent technical skills? "
Could mean that.. Could mean someone at BW does TA too and sometimes there is a match.

One thing to remember though, most BW picks Shoot up in price, drop about as quick, and long term rarely do all that well.
That's not a dig at Doug or his TA. I look at it more as BW ablity to pick dog stocks. Great to daytrades, but thats about it...

Just always found it interesting that from time to time there is a match....Just wish they were always shortable stocks...

I have never put down Doug's technical skills, it's just he does ALOT better ( IMO ) when not coimng up with his own picks, but rather doing TA on stocks that have passed other tests first.

One thing that I beleive would work great is:
Put togather a list of stocks in Hot and Cold sectors. Maybe a list from Sectors on the rise and on the fall. That why you have the beginnings of Short and Long picks.
Look at the fundies on each stock, there by throwing some out and keeping other.
From the remaining list of stocks, do TA on them.
Also, instead of having MANY stock pics, have just a few at a time.
Work the stocks... like everyone did with HNV. Several people were posting information about the stock and that keeps people interested.
Can't expect a price move if no one is interested in a stock. Have to have people interested!, otherwise the stock will probably become a Short Sell.

Heading for the second cup..

Instock
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