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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

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To: milesofstyles who wrote (13372)3/15/1998 9:33:00 PM
From: Doug R  Read Replies (1) of 79313
 
Milesof,

ALLIF is a "just buy it" RSI signal. The 2, 1, 2 stochs crossed up on Fri. The 3, 1, 2 is about to cross and the whole range of stochastics are in the "zone". Keep an eye on the 13 day MoneyFlow. When it hits the ceiling, that would be the top for a very short term trade if that's how you want to treat it. It looks good for a longer trade as well.

APFC is at least 4 days away. It has the preliminary "ready" configuration.

FDLNB looks very good. A couple more days to wait for the signal. This one should be easy to anticipate. If Tuesday starts off solid for it, you would be able to assume the signal will occur and enter early.

IRSN's last 3 day RSI trick telegraphed the break with a hinge to the breakout line the day before the move. A good example of what to look for in order to anticipate and get in early. The current 3 day RSI activity is at least 2 days a signal and most likely 3 days.

JBAK has a few days to go too. Prior signals on it show a holding period of up to 3 weeks. The best signal was on 3/28/96 for 17% in 4 days. This one holds up to the avg. gain but takes a bit longer.

KM looks very good. The hitch is nice and clean so far. Tomorrow should set up the possibility for a Tuesday anticipated signal.

LSBX: Geez, nice chart there. 3 day trick in same stage as KM.

Do you have any on the list with a signal?? No, wait...don't tell me. I'll find it if it's there.

Doug R
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