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Strategies & Market Trends : Three Amigos Stock Thread

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To: Sergio H who wrote (24361)	3/27/2001 8:51:17 PM
From: in_cog_nito	of 29382

Sergio: RDRT closed over the 50 day EMA and right at the 50 day simple MA. IQ chart shows RDRT having positive money flow 4 days in a row, though small today. Stoch is at about 75 and rising. Pointing UP. +DI is right at the -DI and pointing UP as the -DI is pointing down. If the +DI moves over the -DI, that would be Bullish on the DMI indicator. Be even more Bullish if the ADX was point and moving UP, instead of down. Another UP day and ADX will be UP and the +DI will be OVER the -DI. I like the DMI indicator, almost as good as the IQ Zone.... which is still RED. Chart aside, RDRT is over due for News. If PR/News hits anytime soon, RDRT will be well outside the 50/200 day MA. A growing positive Nasdaq will help as well. When RDRT has News, it seems they follow it up with more PR/News shortly thereafter. Would not take much of a positive PR to move the stock up $1.00 on that alone. CHKR is doing well these past few days after taking several hard hits last week. Could break a recent high, tomorrow. NASDAQ and DOW might be giving back some gains Wednesday. ICN

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