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

To: David Smith who wrote (869)	12/27/1997 5:03:00 PM
From: Doug R	Read Replies (1) \| Respond to of 2377

If MSFT closed on the bid, stochastics would be lower than if it closed on the ask. If MSFT closed on the bid, RSI would be lower than if it closed on the ask. If MSFT had a pattern set up over a several week period in either of these indicators and closing on the bid prevented a breakout of the pattern in the technicals, MSFT would move in an entirely different direction and/or magnitude the next trading day as a result of 83 shares. You are too focussed on one trade. I have already told you that I work in a time frame that makes single trades AND market making activity a moot point. From your logic, TA would also be useless in currency trading which has no volume to work with. You are NOT employed by a firm that makes markets in stocks. You would know more than you do or would have been canned. Now, don't I hear your mother calling? Doug R

To: David Smith who wrote (869)	12/27/1997 5:34:00 PM
From: Dante Sinferno	Respond to of 2377

Help me out Chris..... I can't seem to find the SI thread with YOUR trading techniques Rob

To: David Smith who wrote (869)	12/27/1997 5:52:00 PM
From: Doug R	Read Replies (1) \| Respond to of 2377

Now, Find ANY post "From Doug R" that mentions IBAH. That's the record. In my post on the 20 or so stocks I do state that any one of them could go but in that post I also state that it is a list culled from approx 5% of the stocks on the NYSE, AMEX and Nasdaq. They are not all under $10 and I would hazard to say that the entire list will likely outperform the market over the next 6 weeks. I wasn't aware that you were so touchy about me listing ALOT of stocks at once. I'll try to keep it down to 15 or so each weekend then. Try to pay attention to the market avgs. for a while since your posts seem to imply that the market has been moving up in the last couple months while stocks that I have spoken favorably on have gone down. It seems your memory is more than just selective. There is a charting tool that I have developed that says MSFT has been way overvalued since April. Maybe that's too long a time frame for a simple market maker BUT, the drop that is forecasted by this tool is to a trendline that is currently in the mid-60's. The trendline I refer to is moving up so I don't expect MSFT to go that low but I do expect that MSFT will find that line. It's the same tool that told me RADAF was ready to dump as RADAF was moving past $18. It went down 28%. A nice gain on the short. It's also the same tool that told me RECY was going to drop after RECY went above 7. It went down 42%. Moving down in price, it's the same tool that told me BRLI had topped out in July and again in Sept. I use more than just stochastics and RSI and what I use works for me. If you can't get TA to work for you with small stocks, don't do it. Is that simple enough for you? Doug R