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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?


To: ACAN who wrote (30299)6/17/1999 11:40:00 AM
From: Doug R  Read Replies (1) | Respond to of 79270
 
Allan,

CPQ:

Two signals in three days. I never expected something that wild out of it. Volume's awesome today.
Thanks for the WDC alert.

Doug R



To: ACAN who wrote (30299)6/18/1999 11:42:00 AM
From: ivan solotaroff  Read Replies (1) | Respond to of 79270
 
ON THE CATWALK: CPQ/WDC/FEET/SCUR

Allan,

SCUR signaled yesterday.
Technically, WDC was disqualified from signaling because it gapped at the opening yesterday. Granted, it was only like 2.7%, but after my experience with FEET (tried to play it on a "new low" created by a small gap) I ain't gonna study no more gappy kitties. That was the second time I had to learn: tried it with DANKY last October too, with Doug R all over me for it.
If that's gotta hold for WDC, it's also gotta hold (DOUG!) for CPQ, which gapped 6% at the opening yesterday. Granted, yesterday's opening was a major market headfake all the way around, but rules are rules. (All said and done, if I'd played CPQ on Wednesday, I would've broken the rules yesterday, without a doubt.)
But, "rules are rules" is all the explanation needed for why FEET, a company on the throes of financial ruin, and which signaled by a mere 1/32, did up to 33% yesterday.
Doug, you did a good job putting in those rules once upon a time.

Ivan



To: ACAN who wrote (30299)6/19/1999 6:56:00 PM
From: American Spirit  Respond to of 79270
 
Considering dogs like CPQ and WDC. Where do you guess the bottom will be? Certainly want to wait until all the blood is in the streets and the companies look hopeless. Only then do I buy.

Great comebacker for you, BEBE. Also SDTI, CHRZ. These worth much more than where they are. Do your DD.