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

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To: MikeD who wrote (33478)1/14/2000 2:41:00 PM
From: Doug R  Read Replies (2) of 79197
 
Mike,

Thanks. I'm glad you've enjoyed this week's run.
As for the Phillymag thing...$1500 profit in RDCM...$700 in TRID (will sell at close today)...up a couple hundred on CMCSK and about a hundred on IFMX. Break even on ROHN at this point but that will change. That comes to 25% on the $10,000 in 9 trading days. There's 50 weeks to go.

TALK's TA says it should go. The chart shows potential to 26ish in the short term. It's got a volatile history so it could reach that target in a week or less considering the technical profile here.

Doug R
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