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

To: bazan who wrote (15426)	4/24/1998 12:57:00 PM
From: ivan solotaroff	Respond to of 79274

SDTI DON'T PURR Bazan: This was my main stalk, after VVUS got away. It signaled powerfully on Wednesday, but dropped on Thursday, making it a failed signal. Cats whose signals fail are very dangerous animals. They may also be giving a multi-day signal--a subset in need of much study. If Doug's hunch about an imminent correction is on the mark, then we'll have a litter-full. There's great euphoria to be had in playing cats--20 to 30% intra-week gains are the norm--but I've learned not to lose sight of the fact that they are a form of falling knife, and play them with extreme caution. Sorry for any implied lecture. I'm still smarting from the loss I had to take on BORL. AAAAARGGGGHHHHHH! Ivan