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


To: Doug R who wrote (30024)6/2/1999 3:26:00 AM
From: Warthog  Read Replies (1) | Respond to of 79229
 
dougR,

speaking of learning,

I am trying to work out a price target on CCUR. Currently
I am getting about 7.7 based on the difference between the
low in oct (2.06 ) and the trendline it recently broke (4.7 in oct).

Is this a good method?? or is there a better one??

thanks
wart



To: Doug R who wrote (30024)6/2/1999 3:56:00 AM
From: milesofstyles  Read Replies (1) | Respond to of 79229
 
doug

have you looked at novl lately? if t2 is 7.16 and the violation occurs on 3.22, the act is confirmed by 4.20, we get an rr, and today we're back to the act. looks like a short on further weakness, eh?

milesov



To: Doug R who wrote (30024)6/2/1999 8:38:00 PM
From: bruce-l  Read Replies (2) | Respond to of 79229
 
Doug:

Holy Cow!! First of all thanks. Second of all geez you're easy<lol> I only post hits on 3drsi once and I get mentioned in the same paragraph as Ivan, Milesov and David J. I'm not worthy, you better make it up the those guys. So is this your way of trying to get me to post those hits Friday regularly or do you have enough scans?

On a side note, been trying to play flag breakouts and have noticed (somebody must have hit me over the head) that a lot of the potential flag hits are also 3drsi hits. Actually it kinda makes sense, since the pole is probably created during the paste period and the start of the flag made during the hitch and signal period. Yea, no , maybe

Regarding flags, what type of a retracement off the pole high would you feel nullifies the formation, >50%?

bruce