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Strategies & Market Trends : 56er's Portfolio Companion

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To: freelyhovering who wrote (404)12/2/1997 3:00:00 AM
From: Doug R  Read Replies (1) of 492
 
Myron, The chart is really trying to hint at up but the technicals do not say up. I could be wrong but the 3,2,1 SMI is up against resistance (resistance gets broken often just as support does), The 3,1,2 stochastics have hinged over while the 2,1,2 is horizontal. That warns of a reversal. The 2 and 3 day RSI is weakening also. Man, it just looks by the chart that it wants to go but...

Doug R
PS; You're in the wrong thread. The shag carpetting should have been a dead giveaway. >>gg<<
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