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Strategies & Market Trends : Strictly Buy and Sell Set Ups -- Ignore unavailable to you. Want to Upgrade?

To: chowder who wrote (7151)	1/14/2006 10:59:00 AM
From: epicure	Respond to of 13449

:-) Thank you. I appreciate your thoughts on this very much.

To: chowder who wrote (7151)	1/14/2006 11:57:15 AM
From: otherbrotherdaryl	Respond to of 13449

A good and organized view/approach to the market! Something I stumbled upon a while back I call "snare pole" is a naked trading approach. Not to tread on your feet, but I thought a simple naked idea is a good addition to anyone's trading toolbox. And this one in particular tends to micro manage, even with weekly charts, especially with national market issues. This may be a find of someone else, but I have not seen it discussed anywhere else. It is only common sense. Very simple to use. Using the weekly ELN chart, apply the following logic: img70.imageshack.us Look for a new relative high/low where the candle print has permeated the Bollinger Band of standard parameters (20, 2.0) - yellow circle. Combine it and the previous print elevation. This elevation is a new trend activation point. Once broken, trend should reverse. Naked trading techniques are appealing for the simplicity and quick application. Nothing much is more simple than this. My specialty is synchronous technical events and template trading. I use snare pole quite a bit in futures trading with large tick duration charts, but it has utility in stocks as well.

To: chowder who wrote (7151)	1/14/2006 12:56:03 PM
From: shades	Read Replies (1) \| Respond to of 13449

americanbulls.com The candlestick software says it may be time to sell ELN because of a high wave bearish harami - phil grande echoes much of your lesson here - that the heavy resistance will be up where all the previous bagholders bought in the 25 range. What do we put a heavier weight on? The candlestick analysis or the lack of serious resistance until we hit 20+? Notice from the buy sell candlestick signals - even though you were to take a serious haircut back in 3/4/05 in this stock - if you traded using just the candlestick software - you could have made back most of the losses in a short time - however using the same candlestick analysis you would have bought at the top of 27 and been one of those sucker bagholders holding it when it hit 5. Phil also said to short FDX on relative weakness.

To: chowder who wrote (7151)	1/14/2006 1:00:27 PM
From: shades	Respond to of 13449

I want to see you on TV dabum - if you beat the pros on fox cashin in - you get to come on their tv show and rub it in - hehe - their best pro - Degan - only did 11% for 2005 - you made triple that return - so this should be an easy challenge for you. Their worst was some actor on that old tv show MASH - he turned 10K into 8.9k - losing a lot. foxnews.com Play Along in the 2006 'Cashin' In' Challenge Friday, January 13, 2006 Starts Saturdays at 10 a.m. ET•'Cashin' In' Challenge Think you can beat the "Cashin' In" crew at their own game? We're giving you the chance to prove it! The Challenge: Click here to set up your own investment portfolio and go head-to-head with our experts. It's free of charge and you could win some fabulous prizes.