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Strategies & Market Trends
The 56 Point TA; Charts With an Attitude
An SI Board Since June 1997
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79942 597 1
Emcee:  Woody Type:  Unmoderated
Over the years I have developed a multi-indicator scoring system for technical analysis. Using 8 indicators (2 that include subsets of 3 each) I assign each a value of 1 to 7 based on a practiced and objective interpretation. I will not be teaching this system on SI since that would be too cumbersome. Every week I post a list of 8 or more stocks that score 50 or higher on the long side (when the market turns bearish I will invert the scoring system and go short). Stocks with a score of 50 or more have a tendency to just go off. Some do 15% in a week, some double in a month. A few will go nowhere.

I would GREATLY APPRECIATE any timely, accurate fundamental information from anyone who cares to contribute.

I will take some requests by e-mail but I cannot promise I will get to them all.
The first list is on Post#1.

Doug R

I'm going to add two links for anyone that is interested in learning more about trading and trading discipline. The site is one of the best on the web IMHO and it has almost to much information but at least you can chose your own.
Both are by Mark Douglas, first one I would recommend is Trading in The Zone ..

traders-software.com

Next would be The Disciplined Trader ..

traders-software.com

If trouble with that one here's another ...

hightail.com

Enjoy and good trading ...
Woody

I felt it necessary to share a few words from a press conference on May 24th. where Mr. Biden basically admitted there are no gas / diesel shortages and that we are being forced into the new green energy.

"At a press conference following a meeting in Japan with Japanese Prime Minister Fumio Kishida, the President seemed to frankly admit that high gasoline and diesel prices are just part of the overall plan for the transition to renewables."

forbes.com

Now what was that Boston Tea Party all about anyway??
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ReplyMessage PreviewFromRecsPosted
79939Peggy, Would like your input on this one. Insights into the tech and your feelMagnatizer-yesterday
79938There-er goes SATL.Doug R-yesterday
79937Well, call it a day... [graphic]Doug R-yesterday
79936Upside bias with some reluctance. Waiting for Farragut. [graphic]Doug R-yesterday
79935[graphic]Doug R-yesterday
79934GOOGL: constructing a CCI system chart, daily scale tradingview.comMagnatizer-Sunday
79933PLTR update: daily and weekly scale tinyurl.comMagnatizer-Sunday
79932Weekly: primary indexes, UGL, ME, BTC https://mc77ce6.short.gy/my-linkMagnatizer-last Friday
79931META update it's doing what bulls do, quick recovery to knock on overhead aMagnatizer-last Thursday
79930CAPR Have built a 1/2 long position this week. I like it tradingview.comMagnatizer-last Thursday
79929DJT Bulls gave them the open then closed the door. I'm at 1/2 long TPOR wiMagnatizer-last Thursday
79928KRKNF Bulls jumped in before the horizontal retest. Bullish tradingview.comMagnatizer-last Thursday
79927PL update those ATR bands have something going on tradingview.comMagnatizer-last Thursday
79926This one's sticky 2. [graphic]Doug R-last Thursday
79925Back to the signal line at 2476 is what the pattern calls for... [graphic]Doug R-last Thursday
79924[graphic]Doug R-last Thursday
79923That line's a bit tacky as the roof of a rising wedge. [graphic]Doug R-last Thursday
79922Might as well walk the line back one step for further diagnostics. [graphic]Doug R-last Thursday
79921Well that's amazing. [graphic]Doug R-last Thursday
79920Hmmm...I'm thinkin' that won't be a sticky line. [graphic]Doug R-last Thursday
79919The worst is probably over for the day. Not much of a chance it'll get bettDoug R-last Thursday
79918Uh, ding. [graphic]Doug R-last Wednesday
79917Daily scale overheads are holding. Reduced exposure to 25% longMagnatizer1last Wednesday
79916It fits the description so far although all that can be assigned is correction rDoug R-last Wednesday
79915Fear Greed still solidly in the sub 20s. I've reached my 50% long posture (Magnatizer-last Wednesday
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