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

To: Michael L. who wrote (9882)	12/31/1997 12:15:00 PM
From: Instock	Read Replies (1) \| Respond to of 79229

Michael: Sounds like a plan. I LOVE MM's too! LOL DRMD still holding but trading has thinned out alot. Cant break its interday high. Good Luck Instock

To: Michael L. who wrote (9882)	12/31/1997 12:47:00 PM
From: Esteban	Read Replies (1) \| Respond to of 79229

Michael, I like your play of ORCL. I mentioned in an earlier post to Doug that shorting early PGDCEB signals after the runup seemed like a very profitable venture, since many of them continue to signal periodically for several months, meaning that there is a high likelihood that a new lower low will be forthcoming. And the new signal allows you to exit or reverse your position at almost the very low. The big question for me about this technique is whether this behavior is specific to our recently volatile market, or do many cats continue to signal even in strong markets. Esteban

To: Michael L. who wrote (9882)	1/3/1998 4:15:00 PM
From: Doug R	Respond to of 79229

Michael, It's good to see that ORCL is being such a nice little kitty for you. It has to break that uptrend someday so keep your shorts ready. I'm not sure if it will set up the typical string of signal days so it may be best to set a reasonable target to cover instead of expecting another signal day. The same principle of high volume and a close off the low should apply even if it doesn't get to a new post-gap low. Happy hunting, Doug R PS; There sure are alot of nice dead little felines in da house. I think I'll focus more on the PGDCEB for a while (maybe all year).