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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: Chris who wrote (7801)4/23/1998 11:34:00 PM
From: Magnatizer  Read Replies (2) of 42787
 
Chris

RE:RECY read

Well its not going to fly off the charts as soon as I had hoped. Looks like another down/flat day tomorrow. I will be looking for a solid base at 6 1/4 which is a long term downtrend line which was recently broken and now is being tested.

Med-long term horizon (for me that is 2 weeks +) everything is in place for a nice run. All that needs to happen IMO is long stochs need to get upwards of 70 range and SMI 144 needs to turn up. When this happens RECY will have plenty of go go power to bust through the overhead from high 6s to 8 and then the turbines will get warmed up and the fun will begin.

ht
david
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