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


To: Doug R who wrote (18002)6/2/1998 6:34:00 PM
From: Michael L.  Read Replies (2) | Respond to of 79273
 
Doug, where do you see exactly the neckline for ORCL today? I am wondering, did it touch it today and made it resistance or not yet? Thanks, Michael



To: Doug R who wrote (18002)6/2/1998 8:28:00 PM
From: Warthog  Read Replies (2) | Respond to of 79273
 
ABTX - practicing my MS scan and ABTX came out. It looks interesting, your opinion?

thanks
collin



To: Doug R who wrote (18002)6/2/1998 8:49:00 PM
From: Magnatizer  Respond to of 79273
 
Doug and Ivan

First Ivan

INTC magnets 53.328, 54.375, 62.00, 62.625, 65.50, 73.625, 74.875, 140.88... The magnets in the 50s were never really tested. I would say they need to be tested and then INTC will give another magnet or two in the 95-115 range while it bases. Too much of a gap between the 74 and the 140.

Doug

GRH Nice find BTW. magnets 9.00, 9.75, 11.00, 11.625, 12.125, 24.50, 29, 29.25, 33.75, 48.75, 49.50, 68.75, 70.25. Looks like it may break out soon but I would venture to say it will come back to the 7-9 area to give a magnet signal between 12 and 24. Is this one a MIMBO or just forming a MIM to you?

GPI just one and it is not for sure as stock has been very strong from the get go and signals don't happen when the stock keeps indicators pegged to the roof. 18.50 is the magnet.

ht
david



To: Doug R who wrote (18002)6/4/1998 9:10:00 AM
From: ivan solotaroff  Read Replies (1) | Respond to of 79273
 
MEEP

Doug,

Oh, I see. Thanks.
Actually, I'm still stuck on the road that got me MEEPed in the first place. The idea behind it was that a trendline set up, even if grossly violated, still maintains its force on the dynamic, for psychological, chartist, and supply/demand reasons. The hope was part of a scheme to be able someday to erect a program(s) that weighted even the slightest subtrends (which is why I moved on to PEEPs and SLEEPs) to get a clearer sense of directionality. I was reading James Gleick's book on chaos theory, and believing it wholesale. I still do, and I still think that someone with a truly mathematical bent should be able to work this out. It would be all in the weighting.
Since then, I've moved on to tape-reading, and now think that has to be incorporated, somehow. You learn lots from watching the tape move, some obvious things, some inchoate things. The main lesson is crystal clear in my mind, though: Money moves from weak hands to strong hands.
Period.
At least, I zink so.

Ivan