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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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80771 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
80771Today's pink intraday signal line may end up as the 2nd orphaned intraday liDoug R-yesterday
80770So, there's been the return to the blue signal line, which is an intraday liDoug R-yesterday
80769Provisionals - [graphic]Doug R-yesterday
80768Agree 100%. There are only certain stations that even sell it and it's usuaWoody-yesterday
80767There's been steeper target lines. Not so many sticky ones this steep thoughDoug R-yesterday
80766A bit off topic... There are only so many points of purchase for red diesel. FedDoug R1yesterday
80765No asterisk now... [graphic]Doug R-yesterday
80764Could be a ding*. * - within margin of error. [graphic]Doug R-yesterday
80763Well, there's this... [graphic]Doug R-yesterday
80762The weight remains... 80675 [graphic]Doug R-Tuesday
80761FWDI may be gearing up. PURR is on watch.Doug R-Tuesday
80760FWDI remains on watch status.Doug R-Monday
80759It's either going to be 2789.1 or 2902.5. Or trendless between the two whereDoug R-Monday
80758FWDI will be on watch Monday. Maybe ORBS too.Doug R-last Friday
80757There-er goes NAUT after close.Doug R-last Friday
80756Caught between 2 signal lines. A daily above and an intraday below. Monday'sDoug R-last Friday
80755Generally weak technical issues continue... [graphic]Doug R-last Friday
80754ruh roh [graphic]Doug R-last Friday
80753Interesting .. looked at a 10 year chart lately? Monday could bring news but whWoody-last Thursday
80752UCO is still expecting higher prices for physical delivery. [graphic]Doug R-last Thursday
80751Within range of a return to 2789. Tomorrow will be interesting. [graphic]Doug R-last Thursday
80750....whereas a return to 2789 leaves the door open for continued daily downside. Doug R-last Thursday
80749KULRDoug R-last Thursday
80748If the daily ding going down is the low for a while, there will be no return bacDoug R-last Thursday
80747There's the ding. [graphic]Doug R-last Thursday
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