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

To: Densiebj who wrote (34488)	3/9/2000 3:02:00 AM
From: Doug R	Respond to of 79281

D, I have a great technique for targeting but if I post it...it would get spread around and its usefulness would be diluted to the point of uselessness. I'll bring the exact process I used for RACE to AC. It had a "reasonable" top for Wed at 6 5/8 with an "optimistic" top at 7 1/8. Each day forward, the top moves up a bit if it has not been reached. HOWEVER...the technique is a technique and not reality per se. I ALWAYS sell before the target described by the technique is reached. I also buy stocks with enough of a % gain to the target that my profit will still be significant when I sell below the target. I don't make it a contest between me and the stock. I follow my rules which do not call for "beating" the stock by trying to sell at the very top. Doug R