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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 (20776)	8/23/1998 9:05:00 PM
From: Cube	Read Replies (1) \| Respond to of 79313

Doug, You know I have been working so hard after LAX on developing this system that I totally forgot that the 89 MA deal was your's!! I'm not kidding I had completely forgotten! ROFLMAO! OK then you should be a quick study. <gg> Just when I thought it was safe to leave the computer, now we have the opposite of the PGDCEB. Great, why don't you just come over and kick my dog! Sheeesh, my wife is not going to like this. Cube

To: Doug R who wrote (20776)	8/23/1998 9:49:00 PM
From: ivan solotaroff	Read Replies (1) \| Respond to of 79313

CHECK Doug, " ... a mirror image-like version of the PGDCEB for nailing shorts ... Got that Ivan?" (PGSRPT? -- Post-Gap-Sky-Rocket-Parachute-Top) You betcha! "For an avg. return of just under 9%" --? Hmmm. Since you stated last week that the cats return an average of 18% (obviously when successful), does this imply that you're saying they hit roughly six of ten times (obviously not 50% (18% divided by 2 = 9%), as you're losing a little bit even when you take the sell signals at optimal moments). A very good trader I know (not a TA believer, by any means), was impressed when I outlined the system, then said, "That should work extremely well in good markets." I was impressed with that, and have limited my BUY-THIS-NOW type catcalls to upweeks in this choppy market. Even then, my advice (until this does become a 100% technical system, which I know is what we're striving for) would be to take profits super-quickly, until the market has gotten all four bull-legs back underneath and is clearly on the up-charge again. Yours in PGDCEB, Ivan