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Strategies & Market Trends : Secret Squirrel & the Moon -- Ignore unavailable to you. Want to Upgrade?

To: majormember who wrote (8)	5/28/1998 10:03:00 PM
From: Lawrence Burg	Respond to of 150

Hate to differ w/your differing, or your friend's, but, if you plug the parameters in, for the indicators you question, I am correct. Graphs/numbers don't lie. I am not aware of how today's data affected things, 'tho I suspect they slid. MACD (note, 9 day) had in fact met. Bollinger Bands (Note, 20 day, expotential) are closing; don't understand the argument here at all. CCI (Note, 8 day) is up for grabs depending on how long you view the trend. I guess I should have quantified my view as from the last run up, ~27 April. I would agree the overall trend is down, since the initial run up in mid-March, but then again, I've mentioned the diminished strength of the runs on the TNRG thread. I've also adjusted my exit points accordingly, currently set ~18c. The beauty of TA is in it's honesty. I try not to read into the graphs, which would defeat its benefit; TA on pennies is tenuous enough. I appreciate your check & balance, but stand by my view. I would much appreciate a direct discussion w/your friend, I'm always looking to learn & gain fresh perspective. If he/she's got time, invite 'em over for a while, or tell me where to go to listen. Thanks. LB P.S. see the bbands here yourself, even 'tho I'm not sure what parameters they use for default... bigcharts.com (if TNRG doesn't cpme up, punch it in, then go to the indicators box on the left margin, go to upper indicators, select bbands, go to the bottom of the left margin, store the settings and reset the graph. Please tell me yourself if the are closing or otherwise. Thanks.)

To: majormember who wrote (8)	5/28/1998 10:46:00 PM
From: Lawrence Burg	Read Replies (1) \| Respond to of 150

Coupla more things. By your profile, I see your man is Doug R. I don't doubt his experience, but when I was reading "56", the picks they had that made out were strong fundamentally anyway, thanks to tips from the Sergios, Instock, et. al. RECY did well, HURC, also. Metro One, ATPX, & BOSCF were all crap, despite repeated euphoria over them being ready to go to explode. I don't doubt the efficiencies provided by the "blender" but I do doubt it's blanket applicability to every stock dropped into it. This is not an indictment of Doug, nor TA. The picks I got from "56" I dropped at slight losses, and the experience, in part prompted me to delve deeper into TA. To see for myself, just like the claims of do your own DD. I'm finding that TA has to be tailored to each issue. Certain indicators fit on XYZ, but not ABC. Indicators need to be adjusted to provide the best fit over the past if they have any chance of predicting the future. Even then, they're not guaranteed. TNRG is a dog penny. Management's strategy is an enigma. It does however get incredible attention from the herd. I'm playing that with some TA. Note the pop 2 Fridays ago, to 16c. This is actually part of what I was waiting for; I was expecting higher. It occurred on the day there should have been news (based on previous Fridays) which is what I suspect others were anticipating. Maybe that's why it petered out early. I didn't recognize it for what it was, so missed my exit for a gain. Oh well. Anywho, good luck. Sorry for my length. Play w/bigcharts.com & iqc.com, 2 sites with some free TA. I'm using Window on Wallstreet w/DialData downloads. The fees are becoming well worthwhile. OH yeah. Let me know what you think of the BBands. LB