The 56 Point TA; Charts With an Attitude Message Board

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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

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To: John_W who wrote (9525)	12/21/1997 2:38:00 AM
From: RADAR )))	of 79415

John W: I agree with you on RADAF. I also bought on Friday and believe that it will go up over its old highs after some profit taking runs its course. I know Doug and a few others think that it may go lower, but ultimately it will finish higher and yield a nice profit on trading. SRGE may go somewhat lower yet so I am still stalking it for an opportunity to buy. Would not expect it to go much below 1 11/16 without taking a run to the top of its trading range though. I watch AMVC break below its 50 dma and sold it last week. It looks like it has the potential to fall further to me, but I am not going to second guess Doug's expectatins. Took my losses and moved on. I like NWCI right now. Trading near the bottom of its trading channel now with good strength and price appreciation on Thursday and Friday in the face of the market sell off. I think it is getting ready to return to the top of its trading channel around 2 1/2 again. The fundamentals of the company are strong and nothing has weakened them over the last month or so while the profit takers have been active. All this is MOO of course. Back to stalking and the stock mines. RADAR

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