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Strategies & Market Trends : today's chart
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To: Bill Sandusky who wrote (494)9/2/1997 10:07:00 PM
From: TechTrader42   of 1267
 
Thanks for the Zolt chart. It does appear to be under heavy accumulation, and it has a great chart. Bop and TSV look good. So do MACD, Dahl, InSync, Williams' Accum./Distrib., etc. The only reservations I have are that StochRSI is high, and the P/E is over 72. Who among us would risk buying a stock with that P/E? That's not a rhetorical question, either. I'm here to learn, and I'm curious to know whether this would give some of you technical analysts cause to pause. I steered clear of SYKE because of its high P/E (now 59), and it's done nothing but go up.
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