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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 (10208)	1/7/1998 4:09:00 PM
From: ivan solotaroff	Read Replies (1) \| Respond to of 79230

Esteban, Dave, and Doug, I don't know why, but I don't like DAVE. Maybe it's the lack of volume, and that the stock can be manipulated too easily; maybe I just don't like low-volume stocks period. Just thought I'd rain on everyone's parade, probably because I went from sub-optimal to super-a$$hole in three hours today with OXHP. This is the third trade in a row where I let 10% get away from me. Instead of being up over 30% for the month, I'm barely scratching 10%. All profits are good, yes, but 3x is better than x. Sorry, moaning over profits in public is super-rude. Ivan

To: Esteban who wrote (10208)	1/8/1998 10:48:00 AM
From: ivan solotaroff	Read Replies (1) \| Respond to of 79230

Esteban: Weathered out a scare up to 1/4, largely because of a long meditation I did on the five-day rise: OXHP began a steep ascent, which was broken temporarily, after which it began to ascend again. On the downside, where I caught it, there was a steep descent. The last three hours of trading broke that steep descent, but--and this is the point--it mirrors the break in the ascent very closely. One thing I learned from the seminar is that if you can essentially fold a piece of paper in half and get the mirror image, you're in the catbird seat. (or the dead-catbird seat, as the case may be.) That made it easier (phew) to sit out the break, which is now currently giving way to a continuation of a steep descent. If nothing else, today's high gives me a second point to draw a downtrend line from. It's not as instant a gratification as a 24-hour killing, but it's damn quick. Looks like 15 1/2 or so by week's end.