Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Pitbull Investing Strategies -- Ignore unavailable to you. Want to Upgrade?

To: Atin who wrote (487)	11/14/1997 10:04:00 AM
From: virgil vancleave	Read Replies (1) \| Respond to of 789

my pitbull shorting guide should be here soon. i have the long system and just dug it out of the drawer. wishing i would have been using it as it appears to work. checked some that i had written down aand almost all were up. just thought i would ask how well the system work for anyone else. it makes more sense than technical analysis or even fundamental analysis, both of which i use, and it is easier and less time conssuming. any track records to share?

To: Atin who wrote (487)	11/14/1997 12:47:00 PM
From: Doo	Read Replies (3) \| Respond to of 789

Atin: I get IBD at home, but someone emailed me at work and told me there was something on A-17 of today's issue suggesting a "follow through day" occurred yesterday. I beg to differ. If you have the language in a machine, email it to me at jwhite@tjoslin.com. Otherwise, I'll read it when I get home. O'Neill says any 1% move outside the 3-10 day window is not valid. Read it in Chapter 7. Maybe that's what the article says. My analysis is: We missed the 3-10 day window which closed Tuesday, 11/11. We had a low/bottom/"blue bar" yesterday 11/13. Notice that we actually went lower yesterday than we did on 11/12, closing higher on the day. Yesterday's action was on higher volume than 11/12, so I'm counting 3-10 days out from 11/13, not 11/12. Window opens, for a 1% move on higher daily volume than the prior day, 11/18.