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


To: theshaker who wrote (25051)1/6/1999 1:59:00 AM
From: Doug R  Read Replies (3) | Respond to of 79469
 
Doug,

Yikes!!! Another Doug on the thread! Now some REAL confusion could start
>>gg<<

MLIN is on its way to becoming a MIMBO. It needs to get over 5 1/2 or 5 3/4 (depending on the time frame it decides to get there within). I suspect that it will do so but until it does, it's just a hold here IMO. But a very good hold.
I'm comfortable with AKLM and HNV also. (great Dougs think alike I suppose)
I got in SMTK right at the bottom just a few minutes before it turned up at 2 9/16 so when it got over 3, it hit my % target which was on a sliding scale along a time axis in consideration of the type of system it came out of. In other words, it was a PGDCEB with a nice gain...really fast. If I had hesitated any more and gotten in where you did, I would still be in I'm sure. My short term target on it is in the 4 area so that's plenty of room for any reasonable sell point. It's gotten to the level of being a chart that one would use the uptrend for a stop on IMO.

Did you get the details for the seminar? email me at tiric@aol.com if you need them. Hope to meet you there.

Doug R



To: theshaker who wrote (25051)1/6/1999 8:59:00 AM
From: bdog  Read Replies (1) | Respond to of 79469
 
Welcome to the 56 unit Doug4! bdog