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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 (21219)9/10/1998 10:46:00 PM
From: MechanicalMethod  Respond to of 79313
 
Doug,

it's not that complicated, you have a trendline, go with the wedge, run to the center, look to both corners of the pit and pick the deepest one, because that's were maximum JACK is applied and it's coming out of the hands of those on the wrong side of the run.

I've come to understand how all this stock market ta works, we just agree on direction, targets and protected areas, such as Washington DC, for Christ's sake.

fwiw, Greenie has amassed a huge force that is capable of applying their little triangles and chiseling away at key points and there will be balance in the marketplace. however! I've been shouting from the rooftops all day, that volatility is at critical mass, do your ta next mon, if you wish, it lags anyway, the fastest horses know exactly where to run, except when wrong and then they cut and run the fastest again, trouble spot has allways been figuring which is the direction to carry your JACK!

indicators lag, some lead, everyone knows in advance which way, some take longer to figure, but they are all watching price bars, geesh, ris, macd, then concur, just give me the map corridinates and it's mucho jacko for all

I wanna 1024 rally to match that 512 bear bite. I love this volatility, if you wan to go back to center from there, I'll short with you! from there pick the deepest pit and i'll join in a bite out of that apple2. hehe :)) geeza wheaza,

balance is critical component of optimum signal, interesection is bs code for pre arranged map coordinates, vectors, tensors it all is complicity in being on the winning side, greenies cubies are going2 apply maximum critical mass at

2pm EST FRIDAY 9/11/98. Volatility is at all time high, hmmm, wwn, witch way next voodoo, greenie's recomended spelling of which for all his cubies.

osci



To: Doug R who wrote (21219)9/11/1998 12:13:00 AM
From: Alski  Read Replies (1) | Respond to of 79313
 
Any 56ers noticed a bit of a bo in gold stocks like NEM and ABX? Beginning of a flight to gold trend or just a DCB?
Alski



To: Doug R who wrote (21219)9/11/1998 1:18:00 PM
From: Doug R  Read Replies (2) | Respond to of 79313
 
I'm going to go back through all the stocks brought to my attention recently and some others for the next couple days and I'll post them as I find different stuff in the charts and technicals. Since I'm just getting started on that, I thought I'd post them as I go through them. The first couple (and probably the next few) came from Tim Warner who attended the Wilmington seminar. He's doing scans on insider buying and sent me some hits from his scan on 8/24. ICOC just had a nice move on good volume yesterday and it's hanging around today waiting for the breakout from a 3 dRSI IHS to get in gear. Looks like a good trade for up to a few days to around 4.
Another he brought up (not from the scan) is WMS. A cat house member that's setting up a 3 dRSI trick...not the inverted kind. I advise watching the progress of the trick and the 13, 8, 8 stochastics.

In general, it seems the 13, 8, 8 stochastics are the most useful single indicator at this point. It's picking up convergence in quite a few stocks. WAXS is a good example of that.

Doug R