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


To: Upstock who wrote (30036)6/3/1999 2:26:00 AM
From: Doug R  Respond to of 79237
 
Upstock,

There has been 3 different types of exit signals catalogued for PGDCEBs. The most common one is a volume signal.
When you see it hit a high on volume that is greater than the previous 3 days, take the money.
Next comes the 8, 3 %K stochastics exit.
IF the 8, 3 is over 80 and decelerates, take the money.
After that is Ivan's flange.
When a rounded top has moved into its first down day, take the money.

Bdog has an interesting strategy. Since the avg. post-signal gain for a cat is 28% (some do more, some do less...lots of them do exactly that), pick a % target under 28% and take the money. Bdog used 1/2 the avg. on the one he recently played. If you go this route, the limit is up to you.

Here's to landing on your feet,
Doug R