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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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80777 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
80777Not a lot of conviction for a bounce off a target line. A captive of the weekendDoug R-last Friday
80776SECZDoug R-last Friday
80775I'm inclined to think tomorrow will be up. A down day would open up the possDoug R-last Thursday
80774I might add CL .... a possible day one. [graphic]Woody-last Thursday
80773Doom (aka UCO) is breaking out further. [graphic]Doug R-last Thursday
80772Another ding.[graphic]Doug R-last Thursday
80771Today's pink intraday signal line may end up as the 2nd orphaned intraday liDoug R-last Wednesday
80770So, there's been the return to the blue signal line, which is an intraday liDoug R-last Wednesday
80769Provisionals - [graphic]Doug R-last Wednesday
80768Agree 100%. There are only certain stations that even sell it and it's usuaWoody-last Wednesday
80767There's been steeper target lines. Not so many sticky ones this steep thoughDoug R-last Wednesday
80766A bit off topic... There are only so many points of purchase for red diesel. FedDoug R1last Wednesday
80765No asterisk now... [graphic]Doug R-last Wednesday
80764Could be a ding*. * - within margin of error. [graphic]Doug R-last Wednesday
80763Well, there's this... [graphic]Doug R-last Wednesday
80762The weight remains... 80675 [graphic]Doug R-last Tuesday
80761FWDI may be gearing up. PURR is on watch.Doug R-last Tuesday
80760FWDI remains on watch status.Doug R-last Monday
80759It's either going to be 2789.1 or 2902.5. Or trendless between the two whereDoug R-last Monday
80758FWDI will be on watch Monday. Maybe ORBS too.Doug R-October 2
80757There-er goes NAUT after close.Doug R-October 2
80756Caught between 2 signal lines. A daily above and an intraday below. Monday'sDoug R-October 2
80755Generally weak technical issues continue... [graphic]Doug R-October 2
80754ruh roh [graphic]Doug R-October 2
80753Interesting .. looked at a 10 year chart lately? Monday could bring news but whWoody-October 1
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