The 56 Point TA; Charts With an Attitude Message Board

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

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To: Cary C who wrote (7712)	11/16/1997 11:24:00 AM
From: Instock	Read Replies (1) of 79469

Cary: Thanks. Smart move of the new RLLY management to throw all the Dog bones into the current earnings. They then get a cleaner slate for the next earnings report, which should look very good when compared with this last one. If RLLY should move up for a day or two, Vector will change their rating to a hold or a buy. If you read their criteria for Buy/Hold/Sell, it can turn on a dine. The rest of their view points, for the most part, can be taken as a better indicater. You don't have to look at a chart to see that RLLY is well oversold, but the chart indicaters do show a strong oversold condition. Good place for bottem fishers to jump in! Monday could prove a turning point. If we have another strong market day, the bottem fishers should start coming out and playing their hands on a few good catches. RLLY is frustrating, just as RECY was frustrating for 4 or 5 weeks before it finially took off. For those of us in RLLY, lets hope we have a few good days this week and regain some ground. Short term or long term, I think RLLY will Rally. IMO Scott

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