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

To: hoopsville who wrote (17733)	5/28/1998 9:18:00 AM
From: Dave H	Read Replies (1) \| Respond to of 79284

Tom, A sequential is the creation of the famous TA guru Thomas DeMark. Doug R's very good description of the sequential can be found here: exchange2000.com Sequentials usually take 1-3 months to form and try to identify low risk buys (market bottoms) and low risk sells (market tops), looking for the exhaustion point of a rash of buying or selling in either direction. The best way to use the sequential is in conjunction with other indicators and not just by itself, as frequently the sequential will find stocks that go in the exact opposite of what is predicted, in a big way. This can be useful too, of course. >g< Doug introduced me to sequentials a while back and I've been studying them ever since. I've been working on a TA program that, among other things, does scans to find current sequentials, and I've been posting my results periodically in case anyone else is interested. You will find that lots of people on this group who have been here a while and/or attended one of Doug's seminars get inspired to start concentrating on different aspects of TA that interest them, and then share their results with the others on the group. Doug can be quite inspiring. >g< As with any "newsgroup" on the internet, it is always hard for newcomers to jump in and understand all the lingo. While a "FAQ" would be something useful, don't hesitate to ask what something means as everyone is very friendly here. As for new readers being equated to new stock buyers, no one is trying to sell anything here. We like to share the wealth. Fun & profit is always enjoyed by all though! >g< Welcome to the thread! -dave

To: hoopsville who wrote (17733)	5/28/1998 1:32:00 PM
From: Doug R	Respond to of 79284

Tom, The killer scan is a momentum based scan that picks stocks that have been running on high demand. Some of the stocks have just broken out of a short base and others are at the edge of breaking out. I haven't worked on results from the scan yet but it's a great list to get stock ideas from so far. The dead cat scan picks stocks that have just put in a significant new low using the parameters based on what I call a Post Gap Dead Cat Exhaustion Bottom. The strategy is explained on many places on the thread. Just do a search of "messages with links" for PGDCEB. The avg. gain from the strategy is 17% over 3 weeks. Mileofstyles has a scan he calls short stuff which picks stocks that have completed or about to complete one or a patterns in a couple different short term indicators, mainly the 3 dRSI. The patterns occur in every chart at various times so each stock develops a history of success or failure in their reaction to these patterns. The avg. gain overall off these patterns is 8% in 4 days or less. Ther's a ton of other stuff too but this should hold you for a while. Doug R