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


To: Al Greenleaf who wrote (7804)11/17/1997 8:51:00 PM
From: Cornstock  Respond to of 79477
 
Teacher pet! Okay I'm buying. eom



To: Al Greenleaf who wrote (7804)11/17/1997 11:40:00 PM
From: John_W  Respond to of 79477
 
Al--you get the gap over 20 award--wow, I have to go take a look!
You wouldn't be spoofing would you Reverend? A priest can't sell his house. Isn't the orphans home on that farm? Now ...there is the pawn shop just down the street from the church.

John W.



To: Al Greenleaf who wrote (7804)11/17/1997 11:49:00 PM
From: freelyhovering  Read Replies (2) | Respond to of 79477
 
Congratulations--I hadn't downloaded tonight yet and I don't know if I had PIR on my active list. Glad to hear your scan is working. Did you get in the stock? If not, how are you going to play it tomorrow? Myron



To: Al Greenleaf who wrote (7804)11/18/1997 1:47:00 AM
From: Doug R  Respond to of 79477
 
Ok Al, PIR is taking the bait,

Volume is good. It closed in the low portion of the day's trading range. Give it a chance to try to run a little before you set the hook. If it closes the gap, cut bait. If the volume persists and it starts to take off, set the hook. It's time to STSOTO!

I've been cruising my designated turf also. Last night I gave a list of 12 new stocks that had good charts. The first one on the list, AAME jumped 26.5% today. I suppose it's no longer a consideration now. ABR was accumulated heavily again. ADVP moved to another alltime high. ADX moved nicely. AE is retesting. AEN really jumped on volume and news. AEOS may tumble. AGI moved to another alltime high.

I used Investor Insight to just eyeball the charts. I have to reiterate how valuable II is to do initial visual screens. If I had bought the 8 out of 12 that I said were more than just stocks to watch...

Oh, right, Al. Keep up the good work there. The gap over 20, ON VOLUME, is the first signal. Verification is all it needs. Remember, there's still alot of points between 24 1/2 and 40. No need to get hasty.

It looks like the DIGL news, volume and price today make it a candidate for a gap over 20. Time and the market will tell.

Doug R



To: Al Greenleaf who wrote (7804)11/18/1997 3:29:00 AM
From: Doug R  Read Replies (1) | Respond to of 79477
 
Al and all Annapolis attendees,

Now you all are supposed to know a classic MIM when you see one...right? BOBJY has put up a MIM. Therefore it should now go on all of your longterm watchlists. I expect that the BO portion of the show will occur in 6 to 8 months. I am weighing in on BOBJY at this point in an effort to provide more insight to seminar attendees as to how to set up a long term watch list and what to look for when doing so. Use monthly closes, weekly closes or daily closes, whatever you use, it's quite apparent as long as you use a chart that goes back at least to 4/96. Of course 9/26/94 is a better start date. I'll have the BOBJY chart at the Dec. 13 Wilmington DE seminar for analysis. There's alot of info in this chart.

Doug R