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Technology Stocks : TLAB info? -- Ignore unavailable to you. Want to Upgrade?


To: Baldwin who wrote (5138)3/17/1999 9:31:00 AM
From: KAF  Read Replies (1) | Respond to of 7342
 
Maybe he was on vacation.....on another planet.



To: Baldwin who wrote (5138)3/17/1999 10:55:00 PM
From: P314159d  Read Replies (1) | Respond to of 7342
 
If read the question properly, it was referenced to the thirty percent gap down in AVID, which is difficult to fill.

You can tell the other bozo I was right here on this planet!
Besides what chart you looking at points out a huge gap down in Oct.
in TLAB?????

Speaking of Planets...

Astrological Perspective...

The "Astrological Scoring" link can be found on the right hand side of
our site, just under the "Lunar Ingresses" (Or follow the Astro/Bradley
link at the top of the page). Vedic astrology pays particular attention
to transits from the Moon (called Gochara), and ascribes positive or
negative readings for each planet relative to the transiting Moon. We
present you with the tables and instructions for "scoring" any
first-trade stock chart, as well as giving you several examples of how
this is done on the link.

If you scroll down to the bottom half of the "Astrological Scoring"
link, you can see that Microsoft (MSFT) is one of our "scoring"
examples. Whenever the Moon is transiting through the sign of Aries,
MSFT has a -6 score. When the Moon is passing through the sign of
Taurus, MSFT has a -2 score. Now note that the score changes to a +2
when the Moon is transiting through Gemini, and a +6 when the Moon is
passing through the sign of Cancer.

These sharp contrasts between the scores for each sign is what first
attracted me to this study. I'll give you a few examples of how I apply
this information in the Microsoft "scoring" chart, but I also encourage
you to work with these "scores" on your own. In that way, you can gain
your own insights into how to work with this ancient craft.

It would be a good idea if you have a 6-month daily price chart for
Microsoft in front of you, so that you could follow along with this
exercise. The first requirement for this strategy is that a 3-day price
reversal low must occur in the time window of the Moon's transit of
either Aries or Taurus. The reason why it must be a low is because of
the heavily negative bias of the "scores" for these first two signs.
11/03/98 was a 3-day reversal low (of 104.75) for Microsoft. The Moon
was transiting through Taurus on this date, so it met the first
requirement.

The next requirement for this strategy stipulates that a 3-day upside
breakout must occur within one trading day of the Moon's transit of
Gemini and Cancer. The reason we are looking for an upside breakout is
because of the heavily positive bias of the "scores" for these two
signs. Microsoft had a 3-day upside price reversal on 11/05/98, when the
Moon was transiting through the sign of Gemini. Therefore, the second
requirement was met.

For this particular strategy I use an eighth of a point above the highs
as confirmation of a breakout to the upside, and an eighth of a point
below the lows as confirmation of a breakout to the downside. The 3-day
upside price reversal on 11/05/98 took out the high price of the
previous three days, which was 107.3125. That means that the upside
breakout occurred at 107.4375 (an eighth higher). The 11/03/98 low price
for Microsoft was at 104.75. This means that our stop would be placed at
104.625 (an eighth lower). Our price objective is simply the difference
between those two numbers (107.4375- 104.625= 2.8125), which is then
added to the breakout point (107.4375+ 2.8125= 110.25). That price
target (110.25) was hit on 11/09/98.

Tomorrow, I'll continue with this study on Microsoft and Gochara.