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


To: MechanicalMethod who wrote (19119)7/6/1998 6:46:00 PM
From: Instock  Read Replies (2) | Respond to of 79293
 
Osci: Of coarse I am all for a seminar in St.Louis! I do think Doug would get better attendance having it some other time then a holiday weekend. Many people want to be with family and friends on Labor Day weekend.

IFLY did pretty good today! The warrants did even better. Hope this Internet Stock rally cont. for awhile!
Still watching TFCE, a stock Doug likes. The stock needs volume and then it might start moving. Nothing like NEWS to move a stock!!!
CADE is very tempting to jump in, with my trading money, at the current low price.

Instock



To: MechanicalMethod who wrote (19119)7/7/1998 2:26:00 AM
From: Doug R  Respond to of 79293
 
osci,

I agree. St. Louis needs more interest. Time is running out and serious inquiries should be e-mailed to tiric@aol.com.
Of course, there's always Florida later in the year. Late November or early December is a good time for a seminar there.

AILP is most likely range bound now after the run it had earlier this year, That would make it a short term position trade now and as such, buying at horizontal or uptrending support is the best way to go with it. Buy when it's at support and sell at resistance would be the safest strategy here. The basing activity around 4 over the last month was the best opportunity in it. Now that it's jumped some, the risk/reward ratio has gone more neutral. As far as the opportunity offered by the recent base indicates, a stock with a very similar profile that has yet to reward patience is CADE. I happen to own a dog at this time and it appears that I will get an opportunity to rectify things by adding to my position in CADE now.

Stay on top of AILP though, it deserves attention,
Doug R