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

To: TA2K who wrote (24877)	1/2/1999 2:54:00 PM
From: Craig DeHaan	Read Replies (2) \| Respond to of 79230

Nicholas, The Doc here spikes TA cauldrons with potions many of us can/do overlook. Fib flavorings in the ingredients always score hi marks with the patrons and in that the 89,3,5 benefits from a purity and simplicity that would surely meet with his approval (Fibonacci that is). Under a 56 tutelage labmaster bdog & resident yogi milesov comb the universe for hidden timing resource treasures (mostly of a highly dexterous nature), as DJ gauges all in 'magnetic' balance. Timing the combo-combs is a key aspect that phases in and out of various states of flux influenced by broader market influences. But truth is universal and consequently human nature (in the markets) is repetitious. So in the democratic spirit of things TA the more that work to confirm (historically) the better -- to wit, the recent Comkey genesis. Concurrent signals from different focuses can often produce improved results. As for side garnishes, SMI(13.25.2) usually never disappoints on a bull/bear threshold basis, tho more deliberate than 89.3.5 is less fidgety. Somewhat correlated Ref(Mov(C,89,T),-8), a variant of MACD(13,34,89), is a good int. generic staple on many more occasions than would seem statistically probable in true randomness. Many plots, but often the same cast of characters. Pick your poison, but observe and test thoroughly before committing ^$. [Aside: I need to drag my procrastinating rear to FL next month for a sharpened and broadened TA perspective infusion. Hang around here long enough and you will too.] CP

To: TA2K who wrote (24877)	1/2/1999 5:59:00 PM
From: Doug R	Read Replies (2) \| Respond to of 79230

Nicholas, There's several "categories" of price/technical activity that the 89, 3, 5 spans across. On a chart basis it boils down to any of the types of patterns that can be said to be ascending triangles. For example the neck line, head and right shoulder of an inverted head and shoulders is actually an ascending triangle as is a large portion of a classic cup with handle. The 89, 3, 5 can also be applied toward my favorite chart formation at 3 different pivots. The Peg line is the most recently "discovered" pivot for which it is helpful. SPYG is currently dealing with consolidation in conjunction with its recently established Peg line and as such the 89, 3, 5 will verify a successful break over the Peg line if it occurs. On a technical (rather than charting) level, the 89, 3, 5 can be used in conjunction with MACD uptrends that cross the 0 line as the indicator itself is "forced" over 0 by the uptrend line on significant volume. Also breaks above resistance lines in the 13 dRSI can also be used as a cohort of the 89, 3, 5. One great technical partner to it is the 233, 21, 34 stochastics since on the more serious moves, they tend to verify each other. I also use activity in the 13, 8, 8 stochastics to gauge upcoming near term strength that the 89, 3, 5 may exhibit at crucial junctures. A lot of this stuff is discussed in the seminar and the round table session afterward. It looks like the 89, 3, 5 will get quite a bit of attention at the Orlando seminar on Feb 6. Doug R

To: TA2K who wrote (24877)	1/2/1999 7:00:00 PM
From: milesofstyles	Read Replies (1) \| Respond to of 79230

nicholas in the last few days i have mentioned the 89.3.5sto aka willr89 as a component of the powertool. after which, i mentioned the likening of the relationship between that indicator and the macd.i am in the process of incorporating a series of macd's into the powertool system, a few more components of the powertool consist of plotting a linreg26 on the macd to assist in its intrepretation. i use a mo55 as another intermediate indicator in the system. a mamlr89 is also powerful in its intrepretation, a sto 13.8.8 as well as sto 39.3.5, a stochrsi 34.13, a linreg21, an mfi 89,ultimate 3.5.8 and 7.14.21, also included are several cci's, the most important two being 13 and 89.these indicators can be used not only with numeric readings but also trendlines in their intrepretations.there are others i use but i feel these to be the more dominant. i also use some of the real short term indicators often mentioned here to confirm a particular entry. what this does,i feel, is create a short/intermediate term dynamic in conjunction with an intermediate/long term dynamic that often results in a nice run.entries and exits are based on the macd, however. the original signal was to wait for the macd to cross. i am now accelerating that signal to incorporate the knee at the bottom of the macd,(ie macd today greater than yesterday, yesterday less than two days ago) the additional risk can be managed by using a recent low of price(usually 2-3 days prior) in the last few days as a stop, and currently not to exceed 6-8 percent(originally 10). once the stock starts moving, exits can be handled several ways depending upon your timeframe and investment style, the top knee of the macd can be used as one method, trendlines and moving avgs a couple of others. there is a history of the powertool on the thread with the original signals and exits. these are the most recent statistics when performing that study... percent of stk...amount of volatility in pct...cum pct of stocks at volatility measure. 2.4390 ... volatility less than 5 26.8293 ... between 5 and 10 volatility>5 97.56 29.2683 ... between 10 and 20 volatility>10 70.73 12.1951 ... between 20 and 30 r>20 41.46 7.3171 ... between 30 and 40 r>30 29.27 9.7561 ... between 40 and 70 r>40 21.95 12.1951 ... greater than 70 percent 21.1538 ... failure rate=f+c/f+c 18.9655 ... failure rate=f+c/f+c+holds the avg return was 20.8769 holding period 9 days, doubtful that will ever happen again, but it was an encouraging study. powertoolov