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


To: hman who wrote (33344)1/7/2000 3:33:00 AM
From: Doug R  Read Replies (3) | Respond to of 79230
 
hman,

Well, to make it as precisely nebulous as I allow myself;

A MIMBO is a chart formation I have found to be of intermediate (up to 6 months) to long term (9 months or more) significance. There are several prerequisites and a few verifying factors involved.
It's a proprietary kind of thing actually. Trading and/or establishing core positions in MIMBOs requires certain understanding of technical activity in relation to risk tolerance, time frame established by the chart coupled with risk tolerance, and timing of entry. In over 33,333 posts here I've resisted full disclosure. The reason for that is several-fold. Primarily, there is an impetus on this thread to create an interpersonal dynamic that melds expertise with community. In order to achieve a significant level of realizing this impetus I somewhat direct those who would be inclined to become experts to attend a seminar I offer. It's an incisive way to create the attitude you see here. The experience is rather unique...

The MIMBO is just one formation out of many that can be systematized in order to profit from an understanding of "what stocks do". As you may have noticed here, I teach...and we use...quite a few of them.

Doug R

PS; My next seminar will be in Atlantic City New Jersey on the first Saturday of April 2000. I'm finalizing the details within 2 weeks.