SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?


To: ivan solotaroff who wrote (10043)1/5/1998 11:53:00 AM
From: Esteban  Read Replies (1) | Respond to of 79214
 
Good morning Ivan,

Just getting started today after a weekend away from the computer. Yours and Doug's cat musings brought out some very interesting ideas with regard to timing entries and exits. I'll be looking at Bollinger Bands today, and of course MEEP theory. Quite of bag of cat paraphernalia we're developing!

DEPO is on my list. Other recent additions are XION, RMDY, CMCI. You might classify one or more as QPGDCEBs, but they all meet my criteria of 20% or more gap and 30% or more loss close to close. I'll consider NSCP if it closes near or greater than a 30% loss.

The current market environment (since our last flurry of signals) has been great for signalled cats, but has put a damper on adding more candidates. And even with our large stable, there haven't been any more signals generated. I'm hoping that the PGDCEB effect is valid under varying market conditions in that new signals are still generated in strong markets, and that signals generated in weak markets are still valid. The possibility that the success of this strategy is tied to the movement of the market in general is a nagging thought residing in the back of my mind. I'm hoping that 30% one day losers march to their own tune for the most part, and that general market timing becomes important only on meltdown or blast off days.

Esteban