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


To: ACAN who wrote (22416)10/29/1998 2:54:00 AM
From: Doug R  Respond to of 79227
 
Allan,

Thanks for the input on TLK and MSGI. It's nice to know you're out there.
I got this PM today from another seminar grad:

Doug,

Just wanted to say thanks for sharing your trading techniques.

My last trade (DINE bought at 5 15/16, sold at 7 11/16) was the first time I was able to apply a little experience and your techniques for a very successful trade. All aspects of my decision making process were clear. It feels really good.

Thanks again for all your hard work. I wish I could be in SAT to say hello again, however, I'll look to catch up with you at your next stop.

Now...on to CGPI. Current market conditions seem to dictate that the best stocks to go after in a timely fashion are those that best conform to the comkey criteria (as can be best established during any current revisionary status). CGPI does not have what might be considered a significant modicum of comkey attributes here. It needs stuff like a more commanding RSI, stronger CCI and an 8 vs 34 dMFI that is not about to show a struggle with technical resistance.
All that is no reason to stop monitoring CGPI so if things start kicking don't hesitate to speak up about it.

Doug R