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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: Bearcatbob who wrote (23029)	5/26/2003 6:31:38 PM
From: chowder	Read Replies (1) \| Respond to of 206325

Bearcatbob, I may have answered your question in my response to Larry, moments ago. In stocks like PQUE, CPE and ATPG, the charts clearly show that if one were to wait until the stock closed above the 10 day exponential moving average, on good volume, their timing would have been very good at catching the "movement" while eliminating risk. I've been talking about this for over a year. Most people want to catch the bottom, or they are more concerned about the price. In looking at the charts, it's the "timing" that is more important to me. It's the movement of the price action I try to capture. Studies have shown that 70% of a stocks price movement occurs in a 30% time frame. It's the ability to capture that time frame that eliminates risk and maximizes profits. Every single stock that eventually has a terrific run, shows the same characteristics early in the trend. There are certain technical criteria that automatically must be achieved if the price is going to rise and keep rising. A good technical analyst will "confirm" that criteria instead of guessing it's going to happen. Sort of like confirming a target before you shoot at it. >>> perhaps we could publicly test your indicators <<< My indicators are designed around my goals and objectives. They may not work for someone else who doesn't share the same goals or investing philosophy. They are also designed around my risk tolerance levels. My goals are modest. I want to outperform the S&P 500 in the years the S&P shows a profit. In the years the S&P finishes down, I want to show a profit. In other words, a year in which no profit is earned is not acceptable to me. I established these goals for myself on January 1, 2002. In the last 17 months, my portfolio is up 79% while the S&P 500 is down 18%. So, my indicators are achieving the goals I established for them to achieve. For those who wish to do better, my indicators and philosophy probably wouldn't work. dabum