Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: milesofstyles who wrote (18423)	6/12/1998 1:29:00 AM
From: Doug R	Read Replies (3) \| Respond to of 79281

Milesov, I like that repeat on ELGT. I can't find a significant signal of a breakdown for the S&P 13 dRSI model. The value is under 50 now but that's a relatively minor glitch. I don't expect a freefalling correction...yet. Tomorrow may be weak but it will stabilize. At worst, another test of 1075 may result. That may take until Monday to accomplish if it occurs Next significant intersection on 6/15. RSI value currently above that intersection. Doug R

To: milesofstyles who wrote (18423)	6/18/1998 12:10:00 AM
From: milesofstyles	Read Replies (5) \| Respond to of 79281

powertool follow up this is the follow up i promised, it displays a best case scenario...i have done my best to be as honest in the intrepretations as i see it. the tool has shown excellent potential imo in this downtrend...some trades would have had to have been nimble, but under the mkt conditions i think a best case scenario will demonstrate the strength of the tool, obviously i am not claiming this to be how they would have been traded, as it is doubtful a sell signal will ever occur at the high under the established current system, just the movement is what i am trying to demonstrate at this point. symbol, signal open, high for the period, status amswa, 7.25, 8.62, hold as, 5.75,6.38, hold bvsi, 10.75,14,reloading cfs, 9.63,11.5,sold chcs, 10.69,15.75,hold clci failure cmdl, 12.38,13.13,hold dgx, failure ftic,17,17.88, sold gnd, 17.31,18.38,sold grh, 8.06,9.63, reloading hds, 5.13,7.56, watch hdwy, 11, 12.75,sold ibah, 5.19,5.63, hold imnr, 10.88,15.13,hold intv,13.50,17.13,sold, reloading jbm, 5.31,5.38,hold lcav, failure lorx, 2.88,3.38,sold mhr, failure navr, 4.25,6.63, sold novl, 11.44,13.44,hold nu, 15.56,16.81,sold ocli,16.88,18.50,sold oo, 13.13,15,reloading pana, never signalled pscx,failure pwn, 17.13,19,hold raco, 3,3.38,sold rmii,failure spyg,10.31,10.31,hold tmbs,19.38,23,hold tso,never signalled urgi,12.31,13.75,sold wgo, 11.88,12.13,hold wstf,18.75,20.50,hold failure rate of 16.67, in a down market, opportunity existed for all others at some point...again this is a best case scenario, demonstrating volatility, not profits, some holds are trading lower than their highs currently and under certain conditions(read greed)could have already been sold. what i have noticed is the rapid pace at which some would have signalled a sell, this may be a result of the market conditions of late...