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


To: Doug R who wrote (10941)1/20/1998 11:08:00 PM
From: Rsg  Read Replies (2) | Respond to of 79273
 
Doug,
Can you take a break from drooling all over APMC for a second and give me a pointer on this PGDCEB thing with MMGC?

Per post 9034, "the 'signal' occurs on a day when the stock makes a low that is lower than any other day after the gap down." So far, so good. "This day will have volume that is greater than each of the 3 days immediately preceeding." Got that---

"The close on this day will not be on the low."

You mean, this sucker has to drop lower than 3 1/2 since it closed on the low even though it got two out of three criteria to signal? Geez, sort of a stickler, huh? <<<ggg>>>

What if it gaps up tomorrow? Will that mean that it really did signal even though it closed on its low and will be safe for entry after it closes the gap?

Also, have you looked at SRCM? Did it do a MIM in the middle of December which it is now rampaging past?

I think that's all of my questions. :-)

Thanks,
Rick G



To: Doug R who wrote (10941)1/21/1998 12:32:00 AM
From: freelyhovering  Respond to of 79273
 
Doug--I couldn't wait. I bought in today at 5 7/16. RSI looking great. Myron