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

To: ivan solotaroff who wrote (20143)	8/4/1998 1:56:00 AM
From: Doug R	Read Replies (2) \| Respond to of 79237

Ivan, If I may clarify. First, you know failed signals are exited at a predetermined point. Second, successful signals yield an average 18%. Average implies some do better, some do worse. Third, signal history must be taken into account. Fourth, When the rules are followed and those stocks with a poor signal history are ignored upon subsequent signals, the system works. You just have to have the discipline to apply it properly. For every miscreant cat there are 2.35 cats that behave. Avg. drawdown is 8.7% on the miscreants if entered the day after the signal. The system requires extreme diligence so as not to miss the SMODs etc. When I went after HCIA and dumped it on the initial weakness in momentum after the signal, I made a big mistake by not picking it back up on the next signal. I still made a few bucks on the first go-round but... What is really needed to make full use of the PGDCEB is a thread devoted to these furballs. I've done all that I can to cajole a thread into existence. If I don't see one by September 9, I'll start one myself dammit. Doug R