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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: Henry J Costanzo who wrote (132247)	4/29/2006 4:18:24 PM
From: 2MAR$	Read Replies (2) \| Respond to of 209892

Thanks... will try to add or post what little i can in the way of information or events with some more basic charts, leaving more of the technical * wave * chartings to contemplate more by observing here ... being more of a momentum & trend player ( up or down) w/FA and drawn more to the extremes with double tops n' double bottoms a specialty (with or without the bikinis)... and use more the basic RSI /BB /MACD /CMF approach which has worked well for me . I tend to short scalp NT tops into profitaking & overbought , play selected bounces from oversold , buy pullbacks into support with some strong momentum plays . Hope we can all help each other catch some nice plays into this eventful (or uneventful / probably doubtful !) summer chop after the resonations of this eps season winds down and events due to human nature unfold . ( often impossible to predict ) And it so it sails : on & on & on <g> ;-)

To: Henry J Costanzo who wrote (132247)	4/29/2006 4:49:47 PM
From: 2MAR$	Read Replies (1) \| Respond to of 209892

Speaking of following EW , I just might have been into shorting it after this last rise as it happens to follow a pattern of selling off after earnings and popped after eps 4/20 into the overbought stockcharts.com though they did well reporting with a 4c beat and have done a little better compared to peers STJ MDT BSX/GDT, still this stock has definetly had a hard time clearing R @ $46 . stockcharts.com Oh , you meant "E~Wave" ? !!! ;-) PS : I'll have to observe more and learn ...

To: Henry J Costanzo who wrote (132247)	4/29/2006 5:12:23 PM
From: 2MAR$	Read Replies (2) \| Respond to of 209892

Compared to EW , BSX hasn't faired as so well <g> shorts there definitely had a fun ride , (wow) stockcharts.com but would have been tempted to add BSX there for a trade on the daily @ double bottom $21 area (30RSI) stockcharts.com *made similar trade in PFE back in dec off $20's /$21's and that worked out well....of course news of a big increase in dividend one afternoon sure helped make up my mind , but had been tracking that 2nd double bottom test for a couple of weeks then .... PFE , like these kinds of trades also , maybe intuitively fits in with E-Wave too stockcharts.com