SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?


To: Upstock who wrote (32043)9/17/1999 3:19:00 AM
From: Doug R  Respond to of 79468
 
Upstock,

So...CELL has turned you into a devout cat fancier eh? Good for you...but it does take discipline. Ivan's rules of exit are very good:

Message 11133422

The most intriguing thing about the PGDCEB buy signal is the possibility of buying an absolute bottom. Although that doesn't happen very often, it's still just about the only way to do it. As far as trading the signal, an exit strategy is crucial. Ivan's observations have a lot to say regarding that.
As for a target on PETM...I would put 8ish as an optimistic range but I'll take 6 1/2.
4 3/16 to 4 1/2 is definitely the area for entry. I'm in it all over the place in there. 6 1/2 offers a return of 44 to 55%. Ya can't argue with that.
However, it may not do that so put a post-it with Ivan's rules on your monitor.

Doug R