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


To: Judith who wrote (27292)3/10/1999 10:58:00 PM
From: milesofstyles  Read Replies (1) | Respond to of 79260
 
hnv

hnv has been discussed here fully as to how it should be handled. do a search on hnv alone and there is discussion yesterday as to what the selling into the earnings has developed. this stock has been played several times already on the thread for profit. an acceleration is in place that has been threatened. support levels have been given, and discussed, it is now up to each holder to make their own investment decisions based on what is occurring.this was further evidence of not being any form of pump and dump. this is ta.this thread is a contribution based thread with ta in mind. not sheep following a guru. TA is the star here and that is the focus. and if anyone still cares to do any, or learn any, this is a great place. whether doug holds the stock or not is irrelavent at this point. the fact is, the ta is being discussed on stocks. that's what this thread is about and will go back to when all the smoke clears.

milesov



To: Judith who wrote (27292)3/11/1999 12:22:00 AM
From: Alski  Read Replies (2) | Respond to of 79260
 
Judith,
I posted Dougr's HNV activity whilst we were in Orlando. It was a bit of a stealth post though. There wasn't much information, just that he was trading. Sorry if I buried it too deep.
Alski
206.253.217.14



To: Judith who wrote (27292)3/11/1999 4:32:00 AM
From: Doug R  Read Replies (1) | Respond to of 79260
 
Judith,

The posts concerning 2 of those trades were made by Alski at my request. I wasn't able to access the internet at the time. They were posted on or about 2/7.
I'll have to look for the other one if need be.
The post you referenced described a trendline (the ACT) that is normally a stop. I try to make clear that I strongly recommend using pre-decided upon trend lines as stops. Different trend line "setups" dictate different treatment depending on one's time horizon (based on technicals) for any trade. It is very advisable to exit upon breaking below a possible ACT (as an ACT is defined). When the chart requirements for what constitutes an ACT are met, that doesn't guarantee that it will hold so it can be used as a known risk area when entering a position. Every once in a while, a stock goes IL from any given possible ACT Whatever happens, one way or the other, establishing a position immediately after a possible ACT (the definition is very strict so it doesn't occur often) gives you excellent potential and a known risk. Following any initial movement up with a trailing stop, decreases the risk.

Doug R.