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Strategies & Market Trends
The 56 Point TA; Charts With an Attitude
An SI Board Since June 1997
Posts SubjectMarks Bans
80668 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
80668Saved by the bell. [graphic]Doug R-6 hours ago
80667That's interesting... [graphic]Doug R-6 hours ago
80666Stuck in a 2 point range with a generally weak stochastics complex. [graphic]Doug R-9 hours ago
80665[graphic]Doug R-12 PM
80664Chinese fire drill activity might be relatively short lived today... [graphic] [Doug R110 AM
80663Yer DBO hit the scan .. fwiw.Woody-yesterday
80662RUT remains under algorithmic duress - [graphic] [graphic]Doug R-yesterday
80661That's all the pattern requirements. All that's left is obviation of diDoug R-yesterday
80660S&P looks a bit fishy into the close. A hook would be down from here... [graDoug R-yesterday
80659Very interesting .... we could stumble on da rabbit over the weekend and I bet hWoody-yesterday
8065879868 Aha, found it. I knew I had made a note of it. The reason not to taco shorDoug R-yesterday
80657A bit of suspense... [graphic]Doug R-yesterday
80656Just in case... [graphic]Doug R-yesterday
80655The vertical line brings out the symmetry around the target line at this point. Doug R-yesterday
80654Ruh Roh [graphic]Doug R-yesterday
80653[graphic]Doug R-yesterday
80652[graphic]Doug R-yesterday
80651SATL is showing itself as a valuable wartime asset today...along with UMAC.Doug R-yesterday
80650When I extended the target line into this morning I pulled it a little below L2.Doug R-yesterday
80649The TACO trade always assumed that Iran was a static non-variable. It's not.Doug R-yesterday
80648....aannd....ding [graphic] [graphic]Doug R-yesterday
80647A small bet on TACO. RWSRWS-Wednesday
80646[graphic]Doug R-Wednesday
80645A possible post-drip predicament as the close approaches: [graphic]Doug R-Wednesday
80644SCO?Doug R-Wednesday
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