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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude
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To: Sergio H who wrote (32473)11/3/1999 3:17:00 AM
From: Doug R  Read Replies (1) of 79237
 
Sergio,

That birdie better know something truly amazing about SCUR. The chart is not anything near being the type that inspires confidence. I can almost be certain that you will find a disturbing history of reverse splits. It's also a PGDCEB (known as a "cat" around these parts). There's rules for playing cats and SCUR is very much approaching the rule that calls for exit.
I suggest you stroll over here: Subject 29863
and ask the resident keepers of the cathouse their opinion. Ivan and Stra10 are very good and will pull no punches in their assessment.

GLBL as a MIMBO....no

IFLO appears to be entering another good phase of being a rolling stock. Best played as a buy in the 3 5/8 area and a sell in the 4 5/8 area.

AXSI: bingo. Now you're talking. I would advise entry (for those not in it already) or scooping up additional shares (for those that are) at 4 1/2 or 4 5/8. It may yank back to just under 4 (another opportunity to load up on more). I wouldn't suggest chasing it if it moves up more tomorrow but it's definitely got "screamer" written all over it. Very well controlled technical activity.
It absolutely makes up for your being too busy to pop in over here once in a while.

Muchas gracias,

Doug R
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