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Strategies & Market Trends : The Rational Analyst

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To: HeyRainier who wrote (363)	2/24/1998 7:05:00 PM
From: ftth	of 1720

Did a little more fishin' today: COGIF cognicase.ca Nice numbers, excellent industry group to fish from, but mainly I liked the flag in the chart. Very constructive, tight pattern in the flag with very nice correlation to the volume. The pole had a very nice upward thrust progression, and the volume acted almost perfectly. Rainier, remember MFAC when it had similar technicals (and also fundamentals to back it up)? Remember what happened? I especially like stocks where their movements correlate so well to volume. Most stocks go thru such a phase, but it doesn't last forever. dh

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