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

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To: Doug R who wrote (32389)10/28/1999 8:39:00 PM
From: bruce-l  Read Replies (2) of 79429
 
Doug:

Been out of town on work and just checked in. YIKES
Scans everyday for the next 3 weeks. Holy smokes,
looks like we're getting revved up here. Will do what
I can, but will miss a day here and there. You're not
going to like the ratio (0.16). Can't remember the
last time I had this few of 3drsi hits (11). The
in3drsi hits will start to drop off fast in the next
1 to 5 days though, so we should start to see a rising
ratio, as long as the market cooperates:-)


The daily version of the weekend 3drsi report

3 drsi 1 day 89,3,5 1 wk avgvol
chng Sto chng (0,-29)

EGGS 9.500 25.5 -9.1 51.63 -9.8 1628143
ROCLF 4.250 81.5 24.9 83.33 0.0 132327
signalled today with a breakout
SIMW 3.719 91.3 16.6 98.29 0.0 138293
signalled today
SJT 9.500 59.0 0.0 90.74 -1.0 127323
indicator moved sideways today, one to watch?

Secondary 3drsi
None

Future 3drsi hits
Including today the 3drsi on these stocks has been
>97 for at least 3 days. Food for thought.

AOC 36.062 99.2 1.2 48.96 35.1 953437
CAMD 5.750 99.1 0.8 83.69 25.0 78063
INRS 17.000 99.5 0.5 96.14 2.9 176640
NWL 34.188 99.3 1.3 30.00 19.8 1541063
OC 48.812 97.4 0.0 99.66 -0.1 199187
PRHC 16.125 99.3 0.6 43.30 6.4 167337

3drsi/indrsi ratio

3 wks ago = 0.18
2 wks ago = 0.40
last wk = 0.32
today = 0.16

bruce

ps. Been watching OLS closely, actually have a
small position, real small, I must be in bdog's
180 camp >lol< Didn't want it to take off without
me. Bet you heard that before. I've got a feeling
that when this thing goes, one way or another,
lookout, probable gap. Any thoughts?
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