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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: j g cordes who wrote (1306)12/11/1998 11:55:00 AM
From: Doug R  Respond to of 99985
 
Jim,

You'd be surprised at how many stocks gap down 30%. A few months ago we were following over 20 of them that had done so in a short space of time. When the market turned back up in Oct. they were kind of forgotten for a while as there was a rally to participate in. CEXP was another that signaled this week.
Today we have IMPH, NSPR, TLXN. Since these gapped down today, they go into the 3 week waiting period. They might take longer than that to signal and while waiting for them, a whole bunch of others will join them. It actually gets to be a lot of stocks.
I posted the signal on ASHW as it happened so it's documented in real time.
Well, back to work...

Doug R