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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 (24454)	12/20/1998 2:56:00 PM
From: TIK	Respond to of 79281

2 questions: 1) When are you doing a presentation in the Dallas the area? I really enjoy reading your 56 TA thread, but I want to understand the jargon everyone is using. 2) I have 5,600 shares (2000@2.50,500@2.77,3100@2.90)of DCTC and 1000 shares (1000@3)of ECHO(got in to late and didn't get out fast enough)I'm thinking about pulling out of these today or early this week and invest this 18k into some stocks that have a good chance of jumping. Any standouts that you would recommend that have a good chance to move early this week? ASHW? I like DCTC but I think I'll be able to get back in before it inreases, and make some money on other stocks before this happens. Any suggestions are greatly appreciated.

To: Doug R who wrote (24454)	12/20/1998 8:20:00 PM
From: DanZ	Respond to of 79281

ASHW. Thanks Doug. I very much appreciate your explanation. I'm ashamed to say that I bought ASHW between 5 1/8 and 5 5/16 before it ran up to 6 1/2 a few weeks ago but I held out for a test of 7 to 7 1/4. My plan was to sell if the stock didn't take out the previous day's high and fell below the previous day's low. Well, I didn't act on my plan and now I'm sitting with a fat loss and averaging down...not exactly a great position but I agree with your analysis and thought it was worth the risk to buy some more on Friday. I think the tone for ASHW tomorrow may be set on or shortly after the open. If we get a positive open and it holds early, I think we could be in for a good day. However, if it opens weak or sinks shortly after the open and doesn't get any support, I think it could be another rough day for longs. Thanks again for your insight. Dan