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Strategies & Market Trends : Befriend the Trend Trading -- Ignore unavailable to you. Want to Upgrade?

To: Dr. Stoxx who wrote (2528)	1/2/1999 3:48:00 PM
From: drsvelte	Read Replies (2) \| Respond to of 39683

Thomas: Berstein's "pop" is discussed in his first book, The Compleat Day Trader. He uses a 14-bar slow stochastic. A buy signal is generated when %K is at 75% or higher at the end of the bar. Exit as soon as %K and %D crossover. He seems to like this method for daytrading with 5 or 10 minute bars and claims it works best in markets with significant volatility. Most examples he uses are futures.

To: Dr. Stoxx who wrote (2528)	1/3/1999 7:53:00 AM
From: Dr. Stoxx	Read Replies (4) \| Respond to of 39683

BLUE CHIP RECOMMENDATIONS FOR NEXT WEEK: All long, all in strong uptrends, all have paused and appear ready to resume. None are "classic" signals, but are perhaps ready to return 5%-10% in the near term. LLY: trying for the third time to break 91. Right at support (40MA), lower trendline. Loss on last trading day makes for an attractive entry. See: timely.com ABT: trying for the third time to break 50. Strong "classic" signal has already formed on Stochastics. See: timely.com CPQ: mini-buy signal forming, with divergence relative to price. Strong uptrend looks ready to resume. See: timely.com CSCO: could be topping, but a riskworthy trade would be to set a limit order just above the last close. Very strong uptrend that should continue pending further strength in the Naz. See: timely.com It may very well be safer and more profitable to buy just-OOTM calls on these. I'm still leery of options, but my wife has no such qualms!). Still looking for prime smallcaps for this week. Good luck, TC.