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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 (13760)3/23/1998 4:32:00 PM
From: ACAN  Respond to of 79378
 
Doug. APMC- Refering to the recent price drop.Have been monitoring it
for a mimbo and the convergence from Mar 20 jumped at me, asI was asessing the 3dRSI. Probably just showing coincidentally due to the
strength building up?
Thanks Allan



To: Doug R who wrote (13760)3/23/1998 10:02:00 PM
From: Ocote  Respond to of 79378
 
Doug--

I've been recovering from a case of scaniosis with some R & R. I decided to go back and study some charts for the action of the Stoch 233, and all the wealth of information it provides. Here are some of my initial observations. They are not based on years of experience, but are open to correction and revision by others on this thread through mutual teaching!

The stoch 233 provides excellent buy signals for the intermedidate term trader.

--through stoch crossovers
--breaking trend lines to the upside
--breakouts above previous highs

When it just sticks above 80(a nice situation), the 13,8,8 or 4,3,2 can help with the buy signals.

Examples:

RECY--Recent buy signal 3/20. The 13,8,8 cross over or 4,3,2 may be more timely when the crossover is very slow and shallow.
AKLM--Crossing above 50 corresponded to MIMBO activity---how'd we miss that one?
ADVS--Breakout of downtrending resistance gave initial signal 12/97, 4,3,2 gave the buy signal.
AILP--Crossover 1/29/98 gave a buy signal
ALI, ANLT--stays above 80, 4,3,2 gives buy signals
APSG--Crossover on dip below 80 2/6/98 gives buy signal.

Perhaps I've been using too many indicators--sometimes its better to get to know one family well.

Ocote



To: Doug R who wrote (13760)3/24/1998 9:48:00 AM
From: IsaacF1  Read Replies (1) | Respond to of 79378
 

Doug R:

I sent an E mail to you about your seminars. I have not heard back. I worry that I sent it to the wrong E mail. Anyway this is just a note to confirm or ask for info on a seminar near Wash DC.
My address is IsaacF1@hotmail.com. When you have time please mail me back.

To everyone I discovered this thread when I heard Doug is hot for RECY. It's moving, this morning it has topped it's high point for 98. Earnings announcement soon and many feel buy ratings around a corner.

IsaacF1