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


To: Kim who wrote (8851)12/5/1997 1:19:00 PM
From: Esteban  Respond to of 79284
 
GEEZ, It seems to me lots of people around here are getting way too sensitive. I KNOW Ben's post that caused all this ruckus didn't come across the way he intended. It's easy to read all kinds of inuendo into messages that are typed quickly, spur of the moment. I'd hope we all don't end up so shy from these reverberating reprecussions that we have to study every message we type 20 times before submitting it to keep from hurting someone's feelings.

And here's a suggestion that might help keep a little balance in these situations. If you don't fly too high on the praise, you won't plummet too low on the criticism. Both come with the territory, like it or not.

Just my two cents, FWIW.

Esteban



To: Kim who wrote (8851)12/5/1997 2:39:00 PM
From: Doug R  Read Replies (9) | Respond to of 79284
 
Kim,

I am not upset at anyone. Ben is fine. I'm used to his impatience from several other stocks. I have 3 months as a short-term horizon and he has 3 days as his.

Then there's Instock. His short-term has dwindled to 3 hrs. I imagine that he feels there is too little in common between our two strategies. There has been alot of discussion over optimum stock price for POW's and what day they should be posted. There is also a timing problem that is not fully understood. I cannot pick a stock on Wed. and often not even on Thu. and project that a large one or 2 day move is probable on the following Mon. or Tue. I usually have to wait for Fri. closes to find one. Out of the last few picks, I have pushed the limit a bit far and for next week I tried to push it too far and an entire list of candidates crumbled...along with Instock's patience. I was not too keen on the idea that I should lengthen the window. In any case, we came up empty. Now I have a few that look interesting but they aren't on the list of 14 that I built early this week. Of those 14 I narrowed it down to 7 then tossed in an 8th. Scott and Sergio put alot of effort into researching the 8 and the one with the least troublesome FA had the most troublesome TA. That was NOT what Scott wanted to hear. I can't blame him for that either. There have always been alot of kinks in the system and some of them may be intractable. We discussed picking less than 1 per week and I will now put that idea to the thread. What frequency of If the DIS team dissolves here, I will still continue my work. This is the 56 Point TA thread, after all and the contributions come from many sources.

As for CADE, it's likely hitting short-term overbought today and the intermediate profile is still somewhat weak.

Doug R