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Strategies & Market Trends : Waiting for the big Kahuna

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To: Barbara Barry who wrote (10149)11/22/1997 8:09:00 AM
From: William H Huebl  Read Replies (1) of 94695
 
Thanks Barbara for the kudos,

(IRDDI) = I really don't deserve it!

And I highly respect John Murphy but don't know anything about Michael Murphy...

SHOW ME! IDTI is in a downtrend even though the 200 day MA is up. And I like a stock to be ABOVE it's 144 day TIMESERIES MA before I normally consider buying it long... IDTI is UNDER that MA and that MA is heading down.

Just to show that I can throw around a name or two... my MetaStock 6.0 package contains an analysis package which includes EXPERTS like Chande, Pring, Raff, Momis and so forth... including Japanese Candlesticks and some of my own alchemy... I checked 17 separate EXPERTs and while one or two of them showed some signs of life in IDTI early this month or late October, I have to conclude: SHOW ME.

Have a good weekend yourself.

Bill
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