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

To: freelyhovering who wrote (14519)	4/11/1998 8:06:00 PM
From: Doug R	Respond to of 79460

Myron, I feel that I have to lean toward understatement for some reason. Actually, since TA is not usually an exact methodology (either is FA for that matter), it's best to attempt a modicum of a conservative appearance. (?) Sometimes it gets in the way and I end up holding back on my projections. GTAX, APCO, AMZN, ACAI, AEOS, etc. are my recent reminders that I should try more to pay less attention to possible disbelief that may be the result of stating a more aggressive projection. Just 3 weeks ago I noticed that one of the stocks on Carolyn S's T list was a killer stock. It went well beyond my conservative projection. I'll try another short on THNK this week though. If I manage it right, I'll get out with little or no loss if it starts another run but one of these times it'll break. If I had been more aggressive in my projection, I would have bought a ton of it when I mentioned it at 17. So, with AINN I'm trying to be more "middle of the road". Not quite aggressive (54 in 14 mos.) but at least a little less conservative. BTW, MTON is in the middle of a launch. When it's done, the weekly and monthly charts of it will be very impressive. Doug R