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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?


To: TobaccoMan who wrote (1001)10/7/1998 9:35:00 PM
From: LastShadow  Read Replies (1) | Respond to of 43080
 
MSPG, NMGC and WFR

I have the screenshots of MSPG and NMGC. I also downloaded data and ran some TA on NMGC as the net said it was a buy as of yesterday. None of the four screens i use for TA confirmation were they, but most were close. NMGC is definitely one worth watching. If you two wand the screenshots pm me and i will email them, otherwise I will try to post to the website this weekend.

WFR I may not get to until tomorrow, but if the process I am running on the other machine doesn't end shortly, I will try to get to it now.

lastshadow



To: TobaccoMan who wrote (1001)10/7/1998 9:44:00 PM
From: LastShadow  Read Replies (3) | Respond to of 43080
 
WFR

See, that didn't take long. Unfortunately, I don't have a good net for WFR. Although in general the nets will overtrade when a stock is going horizontal, it either gives good long or shorts for major moves or it doesn't (i.e., its a crummy net). In WFR's case, I ran two trading strategies for 6 months and of 15 long trades, only 3 were profitable, and out of 16 shorts, 7 were profitable.

Looking at the chart I would say this its a buy, although once a stocks price gets this low it is very volume dependent and therefore basic charting gets a little iffy.

But since I didn't do you any good, you get another pick!

lastshadow