Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 (10876)	1/20/1998 9:11:00 AM
From: Dave H	Respond to of 79268

re Doug's Seminar I also attended the seminar in Wilmington. The thing about Doug's teachings is that he has uncovered some simple, yet extremely profitabe techniques that I've never seen or heard anywhere else. Furthermore they are extremely well tested and you hear people talking about them on these threads all the time, which continues to confirm them. The most notable one is the IL/ACT combo which is sheer brilliance in terms of knowing when to exit positions. IL violation doesn't happen too often but when it does, you know it's time to exit the trade. I've never seen another system that gives well defined exit scenarios (as well as the next entry point!) like this one. Recent examples of this (and which I personally benefitted from) were RADAF and RECY. If you were following those stocks, you will have seen how many many people did not believe Doug when he called a large drop in the stocks when they violated the IL. And, I suppose, this will continue to happen. The MIMBO is an excellent strategy with potential HUGE returns for those investors with a longer time frame. Many of the original POW stocks were MIMBOS. Doug provides excellent and unique tools; but in order to be successful you must be able to work hard and have the discipline to trade smart, and that means cutting losses effectively. If you have the drive & motivation, then you will be amazed at the stuff Doug teaches. I know I was (and still am!) -dave -dave