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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 (14566)4/13/1998 1:47:00 PM
From: ivan solotaroff  Respond to of 79274
 
PLAN?

Doug,

My target, or plan, with MMGC varies with which level of dream-sleep you catch me at. In deep REM, nothing less than 6 3/16 will do: That's a double-bagger with the extra 1/16th to pay off the broker.
Seriously, though -- Half the time I think I'm perambulating for an enjambulating with this one: My record is four straight trades without a loss, and this is the fifth. The other half, I just look at the chart and see: BOTTOM, plus explosive power with massive sell-off days, which is why I bought it. If this is a multi-day cat, and it does take off, I'll just use whatever cat-syonara signal method seems right.
BTW, CONGRATS ON AINN. That took some sticking power.
BTW, VVUS is still tanking, bid is to 1/8, with the volume goal looking less and less feasible. I'd be loathe to buy with less than 1.5 million. This pig is prow-down and pining for a Celine Dion song.

Ivan



To: Doug R who wrote (14566)4/13/1998 3:00:00 PM
From: ivan solotaroff  Read Replies (2) | Respond to of 79274
 
VVUS -- DOWN THE HOME STRETCH

Doug,

My plan had been to buy this one at 9 and small change. That's available now, just before the 3pm frenzy, though volume's still only at 1.03m. I'm sitting here wondering, What would Doug R. do in this position.
Wait till 3:45?
Gee, thanks Doug.

Ivan



To: Doug R who wrote (14566)4/15/1998 11:22:00 AM
From: James Strauss  Respond to of 79274
 
IVX Crosses Intermediate Term Trendline...

Doug:

IVX looks like it is in the middle of a move...

A look at the chart shows a nice rising double bottom spanning
March and April...

Now it has broken through an intermediate term Trendline to
the upside... There are three near term price targets: 12.00,
13.00, and 17.00...

Jim