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: Doug R who wrote (32417)	10/31/1999 12:33:00 AM
From: Rick Slemmer	Read Replies (2) of 79209

Announcement: My project at my "other" job is about to make the leap from R&D to the real world starting December 1st. This development will make some pretty heavy demands on my time and resources, including some prolonged trips to points around the States and Italy. Consequently, I will have to relinquish responsibility for the Seattle Kill Scan and the Alphabet Project "B" stocks as I won't be able to give them the attention they deserve. These two tasks are open to anyone who wants them, effective November 1st. Now without further ado: Live from San Diego, it's the Seattle Kill list! ACTL 18.875 Trend acceleration, but looks noncommittal. ADSC 4.375 Boring a lot of folks, but Money Flow is perking up. BNYN 10.375 Are these guys still around? Ambivalent chart. BRKL 10.500 A bank that just bounced off book value. Low risk. CLGY 9.000 Banging against the $9 ceiling. Possible breakout run. CSRE 3.500 Good uptrend; high percentage of "up" days recently. DDRX 5.625 Thinly traded with wide spread. Not recommended. GDYS 10.125 Pays attention to its 20-dma. Sloppy flag pattern forming. GIL 19.062 MIMBO on the 26th, now supported by its 50-dma. GUMM 14.375 Hit on the 10/02 scan, too. Buy on pullback to 20-dma. MATK 8.125 OBV at new high and 6% short. MGX 10.188 Everyone's wearing Mossimo labels. Mini-flag set up. MLF 11.062 Lookit all those gaps. Too risky for my tastes. NASI 9.375 MIMBO on the 26th and small flag set up. NTAI 18.500 Runaway stock. I wouldn't chase it. PSEM 16.125 See all that volume in late August? Have they sold yet? PTIS 7.000 Beautiful ascending triangle. Probable breakout Monday. STFC 11.500 Trying to break that Jun/Jul/Sep/Oct downtrend. USPL 14.062 Repeat from 10/23. Breakout and flag. Buy stop at 14.50. RS

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