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Strategies & Market Trends : STOCKS WITH ATTITUDE TEAM - FA/TA AND EVERYTHING ELSE -- Ignore unavailable to you. Want to Upgrade?


To: ivan solotaroff who wrote (756)12/23/1997 2:04:00 PM
From: Doug R  Read Replies (3) | Respond to of 2377
 
Well done Ivan,

I am, however, inclined to go with the IL that hits 4 on 1/1. Impossible you say?

Doug R



To: ivan solotaroff who wrote (756)12/23/1997 2:21:00 PM
From: Dave H  Read Replies (2) | Respond to of 2377
 
ROMT --
I';m using the ACT from 9/5--9/9 & corresponding IL which was violated in October and I see the lows in december; intraday breaking the ACT but close never doing so. I know Doug is a purist, thus I do see three violations of the original ACT, but ultimately ROMT is back on that ACT and it never closed below it. I feel that this ACT is still the one to watch/use for the IL. Your target of 4 should easily be obtained with this IL too.

RECY --
yep, looks like I called myself wrong too early on this one. It's back below the ACT and it may not get back above it. and earnings are definitely coming out within the next 4 weeks according to IBD. I think you sold at the right time Ivan.

-dave



To: ivan solotaroff who wrote (756)12/24/1997 9:25:00 AM
From: Dave H  Read Replies (1) | Respond to of 2377
 
Ivan,
Today might turn out to be the day to unload ROMT. It looks to gap up, and while I think my AT/IL that I mentioned is still valid, ROMT did start a new, faster acceleration and thus a new IL should be taken into account until it breaks down from it, i'd think.
Given that, I am using your AT/IL and if ROMT gets in the 3 1/2 range today I will probably sell. (or sell at least half.)

btw, happy holidays to ivan!!

-dave