SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?


To: Bruce Cullen who wrote (16082)5/4/1998 12:02:00 AM
From: Doug R  Read Replies (1) | Respond to of 79438
 
Bruce,

The shorts in ACRT ran a smear campaign against the co. and management. It worked for a while (pretty well too) but at one point, the technical profile turned around and the stock has since climed about 50% from the bottom. I couldn't resist going over to the ACRT thread and hitting the shorts with the TA. Of course they didn't believe me (and still don't) but hey, I'm just a simple country TA guy after all.

Doug R



To: Bruce Cullen who wrote (16082)5/4/1998 12:30:00 AM
From: milesofstyles  Respond to of 79438
 
the battle goes on, but there were days that the indicators would signal that shorts would cover, as an example you can look at the candlesticks that were referenced on the thread on 4-15 and the result on 4-16.there was a pinch/channel in the bollinger bands, there are also retracement indicators that i believe were employed with this one prior,as well,at the lowest low. there were indications in the weekly chart that the bottom had been reached,several of the upside days were anticipated on this thread.