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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 (21038)9/7/1998 2:19:00 AM
From: bdog  Respond to of 79180
 
"Got anything on the inverted trick yet? "

Dang! I knew I'd miss some new goodie. Now I'll have to try and figure it out myself. >g<

Lil dog got in his first storm chase tonight. He was lookout. "I'll keep an eye on it dad"...he fell fast asleep. I got soaked. Equipment got soaked. And lightning struck everywhere but in front of my camera.

Kind of like my experience with the market. I'm counting on persistence paying off as it does in lightning shots.

say Doug...congrats on another successful seminar
are you looking at the oil sector at all?

I see some divergence in the macd in nort, and a small break in recent downtrend, but not much else

bwetdog



To: Doug R who wrote (21038)9/7/1998 2:52:00 AM
From: bdog  Read Replies (2) | Respond to of 79180
 
Missed edit...Doug no All Time Highs on 9/1,

interesting to see that HURC was not completely pummeled by recent meltdown, it's 89,3,5 is os and has a history of somewhat moving after breaking 20

when is San Antonio round up?
will you be doing voodoo magic tricks?

bdog



To: Doug R who wrote (21038)9/7/1998 3:51:00 AM
From: Monty  Read Replies (1) | Respond to of 79180
 
Doug,

>>>Monty, got anything good yet?<<<

Boy! I usually bombed pop quizes, but here goes nothing.
This is about all I could come up with.
OK!! Deep Breath.........

PFSCF - IL just below 13 right now? And it's also reaching the apex of the handle of the cup or ascending triangle? If the break out fails and it drops down below 12 7/8 on the close, I'd be very tempted to short it? (I am very tempted to short it anyway but especially if this market turns for the worse.) The IL is difficult to pinpoint because the H1, H2, L1, L2 are not well defined.

GMGC - Will reach the apex of pennant this week. If it just goes into a continuation through the apex the top line of the pennant is very steep and should help it drop quickly. (I remembered that tidbit from our round table discussion.) It does look like it tried to break out Friday but this stock is very weak. I have recently played this short with some success.

Doug, all I can come up with right now are short sell candidates. Am I off base on these two? Thnx for any comments.

Also if anyone has the web sight for the parity charting download I would appreciate the posting of it. I tried to look it up today with no success. (I may have the spelling wrong?)

Burning oil tonight,
Monty

P.S. Also I wanted to says thanks to the regular 56ers for the words of encouragement and very warm reception!!!



To: Doug R who wrote (21038)9/7/1998 4:32:00 AM
From: bdog  Read Replies (2) | Respond to of 79180
 
Ok Dr Voo, here's my stab at the upsidedown trick:

A scan came up with too many candidates so I tightened the requirements and still came up with a bunch. It looks like AAP is setting up and is in watch mode. It also has a recent history of success.

better get my shorter's license
bguessingdog

inverted magic trick scan results (from a prescan of the typical 56 pre req):

ACLY
AKO A
ARS
ASYT
BTSR
CEL
CMSS
DCTI
ENGL
FBG
FCGI
GBTVK
GSNX
KINN
KTEL
MENS
NUTR
OSII
PCYC
PGE
PKE
TUC
UPFC
USFS
WFSG
ZONA



To: Doug R who wrote (21038)9/7/1998 9:36:00 AM
From: Dobber D.  Read Replies (1) | Respond to of 79180
 
Hi Doug,

Thanks for the education in St. Louis, it was more than I expected. It was also great to meet you and other fellow 56ers. Maybe I can come out of my "lurking mode" more often and even contribute something. For today, I'll try to make the Parity/AOL connection.

Thanks again, Mike

p.s. Great idea having the seminar in a casino---It paid for over half the expenses(hehehehe)