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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 (24003)12/7/1998 6:51:00 AM
From: Blake Turner  Respond to of 79270
 
Doug,

Ahhh.. Ok I'm a little nervous but here goes. Try not to laugh. I mostly trade on short term pattern set ups that are displayed on the daily price bars with a little indicator kick. I have found that specific patterns lead to very short term gains of 3 to 5 % in a 1 to 3 day time frame. The only problem with the system I have under current development is it produces 6 to 10 hits a day and it gets a little nerve racking on the entries when you have more than 1 of the stocks hit the buy stop. Also you have to be very nimble and get out of them quickly if the trade turns against you, no emotions, just mechanics. Anyway that is an outline of what I do and if it seems to fit in I will share the specifics of the set up and maybe we can all thrash it around with different indicators to narrow down the selections that it produces. I am also very interested in further learning the 56 er way of doing business. I love that 3dRSI trick. Or at least what I have been able to figure out about it by reading posts. I do need some of that famous Doug training and I hope you can reserve me a spot in your Orlando seminar in February. Please forward me some info on that.

okletmehaveit

Blake



To: Doug R who wrote (24003)12/7/1998 8:46:00 AM
From: DJB  Respond to of 79270
 
Doug,

Please take a look at COE. Has heavy BOP buying and volume for about the past 2 weeks. From what I can see the technicals are are improving but I am not an expert. I do not own this one yet but think it has potential.

Dennis



To: Doug R who wrote (24003)12/7/1998 9:29:00 AM
From: Maestro  Read Replies (1) | Respond to of 79270
 
Doug and Thread,
Just a heads up, the bid for ECHO has moved up to 3.00 before the open.
Maestro