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


To: Egolpi who wrote (14537)4/12/1998 10:07:00 PM
From: Doug R  Respond to of 79296
 
Egolpi,

Ok, one more time...A stock gaps down 30%. 3 weeks or more later it makes a new post-gap low on greater volume than each of at least the 3 previous days and closes at least one tick over the low bid or ask. Early entry is warranted on the signal day if it is obvious that the conditions will be met. Tight stoploss control is an option by using one or 2 ticks below the signal day low. The strategy offers excellent upside potential and timing while limiting downside to a minimum.

Doug R