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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude
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To: Doug R who wrote (10450)1/12/1998 4:04:00 PM
From: ivan solotaroff  Read Replies (2) of 79268
 
EDITED

Doug:

Sorry to send that previous post off in such bad shape. I did want to say, however, that PLXS seems hyper-risky to me, for the simple reason that it feels like it's being manipulated, rather than going through a natural transmogrification by market pressures. Volume is decreasing (if you can even calibrate it) going into the close, not a good sign, the signal is suspect, and it hasn't had enough time to cook.

Ivan

PS: I think the market was rallying in its putrefaction today. All the indicators except the close were miserable. Tomorrow might be a bloodbath.
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