This is a computerized system that monitors all stocks listed in the CupWatch Report and generates an email to Subscribers when the price approaches the Pivot Point Price.
The technology used in coding the computerized programs for the CupAlert System was developed while DEL Associates LLC worked on the computerized CupTrade Strategies©. According to owner, Dale Glaspie, "This was a huge break through as it has enabled us to offer services not available through our competitors."
The CupAlert system is completely automatic. Each evening after the CupWatch Report has been generated the stock symbols that were reported are loaded into the CupAlert System. The CupAlert System monitors each stock real time during stock market hours. When the price of a stock reaches the trigger point the CupAlert System will generate an email and will have that email on the Subscriber’s computer within seconds. The Subscriber's email program should be set to receive emails every 1 minute in order to receive the CupAlerts as quickly as possible.
Subject Line Includes All Information
CupAlert for PLCE Y SDY 161% 643696
Subject Line of the Alert Email includes the following Information:
Stock Symbol "PLCE"
If it is an Optionable Stock or not "Y" or "N" Type of Alert '''SDY''
Percentage of Average Volume (50 Day) "161 %" Average Volume (50 Day) "643696"
You know before you open the email if it is something you are interested in trading.
Following is a sample Bullish Alert
Subscriber can pick and choose the Alerts he/she wishes to receive according to their trading preference. The information on how to change the alerts will be provided after subscribing to CupWatch Reports and CupAlerts.
Type of Alert Determines Trade
PDY - Premier Daily
CAUTION: Do not trade if it is the 4th Cup and Handle formed during this Trend.
Remember there are two types of traders/investors: Those that believe only in using the fundamental data in analyzing stocks; and those that use technical analysis (chart reading). As Dale Glaspie puts it, "When we use Darvas' Techno-Fundamental method we are using a combination of both fundamental and technical. To do otherwise does not make sense to an astute person."
Those stocks meeting the standards to be reported in the Premier Section of the CupWatch Report will be few in number. To obtain such high numbers the stock has already had a good run and care should be taken that they don't top out shortly after breaking out, especially for the 3rd and 4th Cup with Handle. Dale cautions, "One should not trade the 4th Cup with Handle for this reason as they have a high failure rate shortly after breaking out. If the stock has a large drop in price, such as during a bear market, then the Cup with Handle formations can start being counted all over again."
SDY - Standard Daily
NDY - Non-Standard Daily
SWK - Standard Weekly
How CupAlerts Are Triggered
PDY - SDY - NDY - SWK Alerts all Work the Same
Last Two Bullish Alerts - RID and RIW
Reversed Inverted Cup with Handle
"Once you understand the procedure and try it you will be hooked," says Dale Glaspie.
All Bear markets will have plenty of Inverted Cup with Handles. At the start of a Bear Market you want to Short the Inverted Cup with Handle. When the price starts reversing shortly after breaking down, quit shorting and start watching for the Reversed Inverted Cup with Handle.
Technical analysis Gurus have spent years trying to find an indicator to tell them when a stock has reached bottom. DEL Associates LLC stumbled onto it by studying the Inverted Cup with Handle. Further studies of the Inverted CWH help to get a better understanding of the regular Cup with Handle which will be explained later on. The Reversed Inverted Cup with Handle is nothing more than an Inverted Cup with Handle failing after it Broke Down because the Stock Market had become bullish. Seventy percent of the stocks will follow the overall stock market.
The RIW - Reversed Inverted Weekly will perform exactly as the Reversed Inverted Daily just discussed.