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Strategies & Market Trends : Charts for Breakout

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To: TimbaBear who wrote (719)	8/29/2000 2:30:08 PM
From: Golf Pro6	Read Replies (1) of 3506

NASI looks good, the daily chart may go positive very soon, if so it would be a buy. NITE may have a short-term run but the monthly chart has recently gone negative, in my experience a terrible indicator - the funds will be selling into rallies. SFP is extremely positive on all charts but the buy point has probably passed, there may not be enough upside left to justify the risk of a reversal. TOPP has gone negative on the weekly after a good run, it may very well be a good short candidate soon. NASI looks like the best of the bunch for a trade, I'll be watching it. GP6

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