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Strategies & Market Trends : Technical Analysis - Beginners

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To: Sam Cohen who wrote (60)	9/24/1996 11:06:00 PM
From: Richard Estes	of 12039

TEAM looks good to buy 23.75-24.38 with a 22.38 stop. heading to 32.00. sell on downward pentration of 13. FOTO buy at 20.75-21.38, stop at 20.00 sell at downward break of 13. heading to 22.25 or 25.50 range. the above is just my look at two of them. Each of your scans have strong points. What do you see in indicators? is RSI overbought or oversold? Is TSV(21) over its 13ma? are they just breaking out? or are they extended? What does each indicator say? It is always your decision. TA takes alot of reading and work before you can understand it. It is easier for some just to listen to "story" stocks and brokers.

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