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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 (20075)8/2/1998 11:05:00 AM
From: Michael Hanson  Read Replies (6) | Respond to of 79240
 
I think it's appropriate for me to respond to your post to me on this thread as well. I thought I had discredited you a few weeks ago, but I guess not. DATC? OK...let's take a look back at post #17499 on May 23 on the "56" thread, in which you posted the following about DATC and other picks. Remember, you posted this on May 23 of this year:

"The stocks that are currently known to have an attitude: CADE, CLCI, DATC, LGWX, MATH, SCVL, SIRC, URGI, VCR, ELGT, AINN. MTON and BORL are working to maintain attitudes."

The post is there for anyone to check out. Results? As follows:

CADE: -23% $3.75 to $2.90
CLCI: -14% $12.93 to $11.06
DATC: -18% $5.03 to $4.12
MATH: -18% $3.75 to $3.06
SCVL: -19% $13.12 to $10.62
SIRC: -40% $6.81 to $4.06
URGI: -1% $11.43 to $11.31
VCR: +19% $3.25 to $3.87
ELGT: -40% $3.09 to $1.84
AINN: -11% $8.25 to $7.31
MTON: -34% $11.25 to $7.37
BORL: -31% $9.00 to $6.25

Unbelievably, in addition to the above results, FOUR of your picks could NEVER have been sold at a higher price after you proclaimed them to have an "attitude" on May 23: CADE, DATC, SIRC, and BORL. Not one of these has EVER closed above your pick price. Only ONE pick from the entire above list is currently higher than your May 23 post.

Regarding DATC, today you posted the following:

"You can still watch DATC though, it's been very stable over the last couple weeks."

Stable? DATC is down 18% from your May post, Doug. On July 21, you "challenged" me with the following: "Watch DATC closely tomorrow." Result? DATC was DOWN the following day, and it STAYED down...it's lost over 8% since you said to "watch it closely."

Your posts are there for anyone to see...no if, and's, or buts--though I'm sure you will try to find some. If you can't, you'll just blame it on tough market conditions. In a real pinch, you'll respond by posting the percentage gains of your few actual successes. Remember, RESULTS are what matter, Doug....not posts, scans, "mimbos" or seminars. Results.

Instead of posting so much, Doug, you should REALLY be tinkering with that TA model of yours. Are you sure you're not looking at it upside down?? ROFL!!