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Strategies & Market Trends : The Rational Analyst

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To: ftth who wrote (269)1/28/1998 2:25:00 AM
From: HeyRainier  Read Replies (2) of 1720
 
[ Quick List ]

This is a little list that has brought some interest to me. I will post these little Quick Lists on occasion:

EK: the moment of truth is here; the rationale for shorting it is not as strong as before. Some Tom DeMark indicators called the bottom of the downswing quite accurately; impressed.

MOT: something has to happen to that stock soon. It's going to squeeze itself out of a Wedge soon. Two converging support and resistance levels are going to force this to act in one way or the other.

OO: Same with Oakley; at support. Recent insider buying. Watching.

Note that I have no fundamentally-based comments on the above stocks.

Regards,

Rainier

PS. Has anyone noticed that some quick price declines are often preceded by Trend Accelerations? Examples: MOT, ABTX
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