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

To: ivan solotaroff who wrote (9057)	12/9/1997 1:57:00 PM
From: Kim	Read Replies (2) \| Respond to of 79623

DOUG: Once the IL as in RADAF is met or crossed and the stock goes down, here lets say to 15 1/2 - 16 how does it affect the ta. Is it any riskier to repurchase at that point or is it better to see what happens next. Once it goes down, does it generally mean, under these circumstances that (assuming no fa changes) it will proceed foward. I was just wondering because when I sell(which I did today) and then reinvest in the same stock, I tend to get burned the second time around. (Seeq, Cade) I know its my timing. So in this case I was wondering it the scenario is more unique. TIA and I also appreiate your prior explanation it was very helpful. Kim

To: ivan solotaroff who wrote (9057)	12/9/1997 2:25:00 PM
From: Esteban	Read Replies (2) \| Respond to of 79623

Sorry Ivan, false alert. My quote service PCQuote shows the volume for 12/4 a miniscule 45,000 shares, which would make today's volume qualify as the largest volume day in quite a while. And 12/5 is missing completely. I think that day is screwed up for every stock in their data base. I'm going to give them a call. OXHP was a highly speculative play that a risk-crazed day-trader could've made at the opening of business on Friday, which was a classic dead-cat bounce. I agree 12/4 was a signal except for the close didn't qualify, so by our definition it was NOT a signal. Is that why you say this was a play only for risk crazed daytraders, or for other reasons that are not part of the PGDCEB theory? Esteban PS.. Thanks for steering me clear of the false cat. Please keep checking my work.