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


To: Dave Baker who wrote (15156)4/21/1998 11:52:00 PM
From: milesofstyles  Read Replies (2) | Respond to of 79269
 
no ailp is one i'm expecting something from, short pickins, short shit, short stuff, this all means short term pops to the upside, there are signals that are given for these stocks. the best way to play them is to watch for the move and jump on, an uptick or two on strong volume is usually all that is required, some of these are also pre signal so be warned, not all will move up! this is also the reason some will go down and return the next day to the list, because i feel the potential is still achievable,these are entrenched in the list for 56ers, but can still be played in a similar fashion,ordinarily i post several weird marks after them such as
+ possible 2.1.2 stochastics
# possibilities regarding 4.3.2, but no one ever asked me to explain that one and i started it at least a week ago!!!
* possibilities regarding 7.3.10
i am also developing a favorability toward the 5.8.13 macd and may begin posting that as well.
usually the 7.3.10 will indicate a continuation possibility for additional days, the time varies. and i am beginning to see the same with the 5.8.13 macd. if you are not familiar with these indicators, put them on some of the stocks you like and take notes in relation to uptrends and downtrends, this is what has me sold on these. i do not do a full ta on these stocks aka dougian method, this is just a tiny piece of the pie, i leave the long term stuff to the individual as i do not have time to do as many full ta's, positive long term indicators can only enhance the power of the short term, it would be beneficial to me for others to review the list and post their findings on the long term stuff, and i greatly appreciate those who do.

in these regards it is similar to a volume watchlist, this does not mean jump on them right away, but do jump early, the potential is around 8 to as high as 20 percent in a matter of hours/days, this potential may be achieved intraday, this list does not indicate that the close will be at that level. not all will achieve those levels, this is a list that shows the potential, exits are up to you.

as an example look at rmii and amen for the 5.8.13 signal as well as the 3 day rsi, compare them to ailp, as i am not doug i can only hope for similar results as i continue to develop my skills.

i hope this long winded crap helps! i have wanted to post this information for a long time cuz i knew a lot of people didn't really understand what i was up to.