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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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79658 596 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
79658Still maintaining respectability. Still has the Flirts. [graphic] [graphic] [youDoug R-5 hours ago
79657An encouraging whiff of danger free air: [graphic]Doug R-7 hours ago
79656Very much more condensed reversionary activity, during and coming out of the ChiDoug R-9 hours ago
79655Turbocharged Chinese fire drill. [graphic]Doug R-10 AM
79654" Cantor Fitzgerald Initiates Coverage on Satellogic With Overweight RatDoug R-9 AM
79653On the daily, a case can be made for a fish nearing completion. That can only meDoug R-9 AM
79652As yet, a lack of Chinese fire drill activity. Containment being tested. [graphiDoug R-9 AM
79651[graphic]Doug R-8 AM
79650[graphic]Doug R-7 AM
79649[graphic]Doug R-6 AM
79648I need to go home. Holy shat the last three months everything I am holding has Cornstock-yesterday
79647Maintaining respectability - especially in relation to the other indexes. Still Doug R-yesterday
79646Aaaand the other ding. [graphic] [graphic]Doug R-yesterday
79645ding [graphic] [graphic]Doug R-yesterday
79644Sofi Rebuilding long. Weekly pretty clear. Win here or I will go home. LargeMagnatizer-Wednesday
79643SYK CCI went hot today. The move through the atr band needs to happen tomorrowMagnatizer-Wednesday
79642Somehow the "danger line" slipped down a bit on my chart. Corrected: 2Doug R-Wednesday
79641Maintaining respectability, still flirting with danger. [graphic] [youtube videDoug R-Wednesday
79640Can't say it's a sticky target line. More like a reversion target line:Doug R-Wednesday
79639Can't rule out doom now. [graphic]Doug R-Wednesday
79638Unless there's real doom happening, it should get no worse than retest activDoug R-Wednesday
79637Technical profile being pushed hard toward a retest: [graphic] [graphic]Doug R-Wednesday
79636HYMC is moving like silver is going to get back in gear.Doug R-Wednesday
79635"Northland initiates coverage on Satellogic SATL with a Outperform rating Doug R-Wednesday
79634Clearing the danger zone. [graphic] [youtube video]Doug R-Wednesday
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