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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude
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To: freelyhovering who wrote (11140)1/25/1998 5:46:00 PM
From: Doug R  Read Replies (2) of 79146
 
Myron,

UTI, RON, WII, KEG, CDG SLB, MDCO

Just finished checking your little energy group there. The 13, 8, 8 has the IH&S in them all but I'd also like to see the 89 day RSI find support one time on that 50 value as well. There seems to be alot of pressure on their 200 dMA's and some are well under it already. That aspect should be watched closely. When these guys do turn back up, they should produce nice gains. It doesn't quite look like now is the time though.

Doug R
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