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

To: Dave H who wrote (10210)	1/7/1998 4:51:00 PM
From: ivan solotaroff	Read Replies (1) \| Respond to of 79230

Dave, Thanks. Don't be shy about hollering if you need anything with timing the cat. I don't practice what I preach, but I'm learning the sermon pretty well by now. Sometimes, one just needs a little shove. Ivan

To: Dave H who wrote (10210)	1/7/1998 6:29:00 PM
From: Esteban	Read Replies (4) \| Respond to of 79230

PGDCEB report. Lots of action on the cats for the last 2 days since last report. New gappers: RAIN, TLDCF, MCRE, PTB. PTB filed chapter 11. The rest were earnings related losses. New signals: DAVE. Best entry after signal was validated on all three counts was 7 3/8 on the ask in the last half hour of trading. Signal day low was 7 1/16. All 4 currently followed exit methods took OXHP and SGI off the table at varying prices estimated as follows. SGI Most agressive valid entry point was 11 13/16 on the ask. Exits: 1) 12 3/4 on 1/5 for ACT daily trend. 2) 12 3/4 on 1/5 for intraday trend 3) 12 1/2 on 1/6 for intraday trend and horizontal support. 4) 12 1/2 on 1/6 for intraday BB and RSI OXHP Most agressive valid entry point was 14 1/4, on the ask. Exits by the same methods as the above listed numbers: 1) 18 3/8 all on 1/6 2) 18 3/8 3) 17 3/4 4) 17 5/8 QUAL Entry 3 13/16. Exits: 1) 3 15/16 on 1/5 2) 4 on 1/7. Likely price improvement to 4 1/16 on this one. 3) still open 4) 3 15/16 on 1/5 We're always looking for new ways to milk these cats in any systematic way we can find. Currently I'm searching for a reliable reversal signal to short a cat that has bounced from Doug's carefully researched PGDCEB new low signal. So far we have Ivan successfully shorting OXHP with the "just do it" method, and Michael playing ORCL for all it's worth in the pre signal stage. Please post your ideas or observations about PGDCEB plays and variations. Maybe we can develop a comprehensive strategy. Esteban

To: Dave H who wrote (10210)	1/8/1998 2:00:00 PM
From: BigLouie	Read Replies (1) \| Respond to of 79230

Dave: since I'm in also at 1/2 how about sharing your exit strategy? Txs. Regards, Mario

To: Dave H who wrote (10210)	1/9/1998 3:08:00 PM
From: ivan solotaroff	Read Replies (3) \| Respond to of 79230

EDITED--DAVE Dave, I'm writing this because of Mario's post about congestive cat-failure, which I take real personal. In no wayshapeorform to say, "I told you so," but just to learn: I think I know the shape of the bottom that makes cats jump, and DAVE wasn't it. There should be a very small down-angle in the days preceding the signal day--the optimal ratio of flat days to down-angle days is unknown to felinologists at this point, but it should be really easy to find out. Dave was too short (in only its fourth week on "signal" day) and too steep. Volume, to me, was a big problem too: DAVE's rise was halted by a 30,000 sale today. $210,000 should not be enough to kill any cat. For that reason, I might just stick to larger caps for the time being. Lord knows, the cathouse'll be full enough with the current high-paying clientele. If you just look at the successful charts long enough, it'll become ingrained. I got into the PGDCEB strictly because Doug said it was 100% fool-proof, and I'll stay in it until that's proven false. DAVE was not proof. Ivan