Charts on Near Term Uotrends Message Board

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Strategies & Market Trends : Charts on Near Term Uotrends

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To: The Perfect Hedge who wrote (10)	11/23/1999 1:10:00 AM
From: Jibacoa	Read Replies (1) of 1404

CLRS has been on an overbought condition for the past several days. It has had a good run since the UPTREND started from the 9 7/8 level on October 29th Today;s low at 10.50 AM at 35.625 was below the 10 days average which is at 37 1/2 It closed on a down-tick at 37 The support appears to be now at 31 3/8 I don't keep any " especial list", I just copy results of the "scan" as they come out. I look at some of the charts later in more detail and look at fundamental information. None of the stocks charts that come out of the scan should be interpreted as a good entry point. For me they are just a "list" to start doing some DD, I prefer to start with stocks that are on an up-trend than those that are on a down-trend, you may have other preference. Bernard

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