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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 (20717)	8/22/1998 1:29:00 PM
From: Cube	Read Replies (2) \| Respond to of 79313

Doug & Thread, I posted my purchase of DATC at 3 3/8 last week due to a signal on both my 20% indicator and float indicator having signalled simultaneously. It went to 3 15/16 for a 16% gain but this signal is almost always good for a minimum of 20%, so I did not get out at the top. Further since it went back down to my purchase price of 3 3/8 intraday on Friday I exited the position with no gain. Greed strikes again. If anyone else purchased at 3 3/8, this signal is very good at allowing you to get out with no gain when a failure happens for at least a few days after the failure. So though DATC is a great company, I've been harshly disciplined at cutting any losses quickly. If anyone is interested, HLT (Hilton Hotels) signalled on Friday with my same to indicators simultaneously. Went long at 23 5/8. Let's see if I can screw up another trade shall we!! Cube