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


To: ivan solotaroff who wrote (9106)12/10/1997 9:54:00 AM
From: Esteban  Read Replies (1) | Respond to of 79365
 
Ivan,

You were sure right about seeing OXHP as a shorting candidate, and you certainly hit the largest risk factor of the PGDCEB strategy on the head, whether pre buying or not. Fortunetly, as you pointed out, yesterday was NOT a signal day. OTH, today will be if there is a rally before the close. I'm not interested, however. I vote for filtering out signal days that are generated by further bad news.

Esteban



To: ivan solotaroff who wrote (9106)12/10/1997 11:29:00 AM
From: Esteban  Read Replies (2) | Respond to of 79365
 
Ivan,

Take a look at TRKN, already part of our litter. I believe yesterday was a signal day, and today it's bucking the market trend. Volume yesterday only surpasses 3 previous days, so it was only at the minimum requirement for the signal.

Esteban