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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 (10409)1/11/1998 3:04:00 PM
From: Doug R  Respond to of 79243
 
Esteban

"1) If the stock price falls to a point below the low of the signal day
at any point in time after the signal, you sell.

2) If 1 above does not occurr within the first 3 post signal days, you
will draw the steepest possible trendline that connects 2 or more daily
lows and sell upon the break of this line, even intraday.

Is this the method?
Do you still like the BB and RSI method?"


That's the method. I'll moniter BB/RSI activity as necessary to purrhaps enhance nimbleness.

Bring on the cats!!

Doug R



To: Esteban who wrote (10409)1/11/1998 3:46:00 PM
From: ivan solotaroff  Read Replies (1) | Respond to of 79243
 
Esteban:

"What is your method purrexactly?"

My only method so far is the three-day volume rule. I'm following the discussion about getting out early, and am still trying to hold on to the (apparently untenable) position that indisputable cats will never have to be gotten out of prematurely. My feeling remains that if the cats are chosen with precision, they will always work, and I maintain that much of the current decision is caused not by feline failure but by HUMAN failure.
Since nothing is purrfect in this world, however, I would have no trouble agreeing with Doug's Rule No. 1. In fact, I might even accelerate that signal thus: Sell the pig if it drops below what you bought it for. I got no problem at all with that.

Ivan

PS: Am having huge trouble posting here today, as I'm sure you all are as well.