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

To: Esteban who wrote (9933)	1/2/1998 12:22:00 PM
From: ivan solotaroff	Respond to of 79185

"Please expound on sell signal +1. Do you mean sell on the break of a second trendline that's constructed from the low of the first break? If so, I'd be concerned that there might not be a recovery from the first break. Maybe a combination of horizontal and diagonal support is the way to go, regardless of slow or fast burn." Esteban, That's probably a short-lived greed-induced theory of mine. Sell signals should probably always be taken. If you do follow it, definitely have the shortest stop right behind it that your broker will allow. Ivan

To: Esteban who wrote (9933)	1/2/1998 1:50:00 PM
From: Dave H	Read Replies (1) \| Respond to of 79185

Thanks for the tremendous work you and Ivan have been doing with the PGDCEB system -- I did my first PGDCEB with SGI the other day but got out way too early at 12 3/16 since I was in cautious mode. Anyway, I wonder about how Doug's original system holds up compared to the refinements; isn't his original system simply using the trendline from low of the signal day and the low the day after; and any intraday violation is a sell signal after that? The other stop-loss is one tick below the low on the signal day. Are you guys looking to find a way to not get out too early? tia, dave