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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?

To: bdog who wrote (22078)	10/14/1998 8:42:00 PM
From: Magnatizer	Read Replies (2) \| Respond to of 79270

bdog I can feel your pain. I took the poison pill prior to the last drop to the twos. Now it is back above my exit point. who woulda thought. thread Market Mags (rounded out for simplicity) Monday Tues Wed Thursday DOW 30 Close 7900 8002 7938 7969 day prior Monday Friday (if sloped) 7192 -708 -810 -746 -777 7340 -560 -662 -598 -629 7425 -475 -577 -513 -544 7458 -442 -544 -480 -511 7591 -309 -411 -347 -378 7598 7608 -302 -402 -336 -364 7678 7603 -222 -342 -298 -347 7724 -176 -278 -214 -245 7894 7793 -6 -133 -95 -151 7933 34 -69 -5 -36 8017 8035 118 20 88 62 8143 243 141 204 174 8352 453 351 414 383 Notes Mondays open was a gap over short term downtrend Nasdaq Close 1493 1546 1509 1541 day prior Monday Friday 1175 1167 -318 -373 -339 -372 1196 1196 -297 -350 -314 -345 1395 1397 -98 -151 -114 -145 1451 1447 -42 -96 -61 -93 1478 -15 -68 -31 -63 1528 36 -18 19 -13 1550 58 4 41 9 1622 1608 129 72 105 70 1622 130 76 113 81 1694 202 148 185 153 1766 274 220 1766 225 1783 290 236 273 225 1846 354 300 337 337 SP500 Close 984 998 995 1006 day prior Monday Friday 913 -71 -85 -82 -93 929 -55 -69 -66 -77 930 932 -55 -68 -64 -74 932 -52 -66 -63 -74 957 -27 -41 -38 -49 958 960 -26 -39 -36 -46 981 -3 -17 -14 -25 1000 987 16 -1 -1 -15 1005 998 21 6 7 -6 1006 21 8 11 0 1012 1015 28 15 19 9 1030 46 32 35 25 1032 1035 48 35 38 28 1042 57 44 47 36 1054 70 57 60 49 1079 95 81 84 73 1103 119 105 108 98 1128 143 130 133 122 ht david

To: bdog who wrote (22078)	10/15/1998 2:30:00 AM
From: Doug R	Read Replies (2) \| Respond to of 79270

Butnowhatdog, I sense a tendency toward externalization in your posts over the last few months. Please inquire from David J. as to my performance on the long side during the last 2 months of these truly trying times. I have communicated every trade I've made to him in real time and the technical rationale behind each trade to him in advance. It's the same stuff I teach at my seminars. I find it difficult to fathom that some past attendees continue using the same "gut feeling" trading techniques that held them back so much that they attended the seminar to learn but came away ignoring what I taught them. JD Primo...have you been paying attention to those intraday DJIA IHS breakouts over the last 6 weeks??? Geez, this stuff is so easy, if you don't want to "get it", don't trade. As far as scans go, they are the most difficult aspect to master. As should be obvious, the "nasty down day" scan and the "rabbit" scan I have tossed out are very effective. The comkey scan is a really serious can 'o' worms. I'm used to research and development of specific types of TA stuff that takes months, if not years, to nail down. Go back through the thread and find just one IL violator that didn't yield very significant results on the short side. The IL has never failed. The comkey is going to be on a par with the IL when I get through with it. BTW...Tuesday's close yielded 0 (zero) hits on the current version of the comkey scan. I know you have the current scan parameters. I am not sure that your backtest code is consistent with the actual scan. I don't understand how during a nasty down period you registersed 447 hits in the last 30 trading days while a decent rally over the last 4 days only produced 7 hits. The 3 stocks that I have selected to hold for the long term...I'm still holding. The lab is still humming, Doug R