The 56 Point TA; Charts With an Attitude

Strategies & Market Trends
The 56 Point TA; Charts With an Attitude

An SI Board Since June 1997

Posts	SubjectMarks	Bans
53494	559	0

Emcee: Woody	Type: Unmoderated

Introduction Compact

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

Go to reply# or date (mm/dd/yy):

Reply	Message Preview	From	Recs	Posted
53494	Scan hits for Friday's close, ATEC and CLAR.	Woody	-	yesterday
53493	Ok but why 229? I would use the trend line so ya don't leave so much on the	Woody	-	yesterday
53492	Thanks Woody. I bought NVDA in 2016 and continued to accumulate for another yea	Cornstock	-	Thursday
53491	Damage control is all I can say. There's an uptrend line from the lows of 12	Woody	-	Thursday
53490	IYIYIYI! My fav stock NVDA disappointed.	Cornstock	-	Thursday
53489	One scan hit for Thursday's close, CLAR.	Woody	-	Thursday
53488	APVO [graphic] Advances APVO436 Toward Clinical Development for Treatment of	ACAN	-	Thursday
53487	Wow ACAN I read up at APVO and sure liked what I read. Pasting now, patience...	Cornstock	-	Thursday
53486	GEVO worth monitoring?	ACAN	-	Thursday
53485	Okay Mag, I'm in TRXC at 4.38 and hope this will be the one that I can accu	Cornstock	-	Thursday
53484	Thanks for your input, Doug.	ACAN	-	Thursday
53483	ACAN, APVO - really nice chart. Classic structural build. And it's on a	Doug R	-	Thursday
53482	Dough that is very interesting	Cornstock	-	Wednesday
53481	Roger that. From 10:30 on it was just impressive. Tomorrow should be interesting	Woody	-	Wednesday
53480	Liking that hammer on TRXC today. She's a beauty.	Magnatizer	-	Wednesday
53479	No scan hits for Wednesday's close.	Woody	-	Wednesday
53478	Yes today is day 3 but it needs like 350K or so to show on da scan but apparentl	Woody	-	Wednesday
53477	APVO into a paste?	ACAN	-	Wednesday
53476	Something to break the mood, RAD. It's bucking the trend and the daily candl	Woody	-	Wednesday
53475	Hi Doug, yeah I looked that over about 30 minutes ago in between bites of lunch	Woody	-	Wednesday
53474	Thx Woody. There's an interesting bit of highly pertinent-to-Earth news ove	Doug R	-	Wednesday
53473	Markets, a good chance for a decent bounce starting around 3 P.M. today into tom	Woody	-	Wednesday
53472	Scan hits for Tuesday's close, CECE, SMRT and ZUMZ.	Woody	-	Tuesday
53471	Wish I understood these markets!!!!!	Cornstock	-	Tuesday
53470	ENPH looks like good support set up today at 5.08	ACAN	-	Tuesday

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