SI
SI
discoversearch

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


To: Claire G who wrote (7897)11/19/1997 1:08:00 AM
From: Doug R  Read Replies (1) | Respond to of 79490
 
Claire,

You're welcome. Actually, I haven't had time to write up the TA yet. VCR was chosen as a result of my TA of it but as the seminar attendees can tell you, it's a very time consuming process to work up an explanation. I've been pretty fortunate to have had the time to write up all the previous POW's for the release but with VCR, I haven't been as fortunate. It takes 2 hours to write up a TA but only 25 mins. on avg to do one without a writeup. I'd like to do it right now but it's much too late to start. I think I'll have the time tomorrow so you'll get the added bonus of how the TA reads using the data from the day it was released.

Thanks for taking the time to thank me.

One thing I did forget; I had worked up target prices for the short and intermediate term. Short-term target of 3 13/16 to 4. (I have to use a range since I "missed" LUNN/ATPX by 1/32 >>gg<<) Intermediate-term target of 5 5/8 to 6. These targets are based on what the TA shows is expected by the informed investor. The whole thing depends on the strength of VCR's sales and the effectiveness of their ad campaign. I already have 2 VCR's wired together so I won't be buying one of their dual decks...he said as he ducked behind the desk.

Doug R