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Non-Tech : The Critical Investing Workshop

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To: cowgirl-ona-1eyed-horse who wrote (18862)5/15/2000 8:01:00 PM
From: Jim Willie CB  Read Replies (3) of 35685
 
first, Cowgirl, are you married? living near Florida?
send PM with details

TA on LightPath (LPTHA):

showing a nice uptrend channel since mid-April
encountering moving averages as resistance though here
today it got thru the vital 50day MA, and held its high

relative strenk is steadily improving since April also
the daily stochastics are showing vigor lately also
downcycles are shorter in duration in the last two weeks

money flow is every bit as dynamic as at the March peak period

probably clear sailing to 40, a level which has 5 reversals going back to January
the more reversals, the more significant the level, the more power

my best guess is a run to 40, then a pullback to 30
retracing to 30 would represent a revisit to the clustered moving averages for support

I still expect late June to be weird, slow, stressful, and full of valuation doubts once more
the Fed Shit Patrol Meeting happens next on June 28th

/ Jim Wiley
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