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

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To: Doug R who wrote (15995)5/2/1998 7:48:00 PM
From: Jack C.   of 79429
 
Doug, ALR, first i looked at the RSI's and the 3d has IHS that is sitting right on the neckline, and I went WOW. Then looked at Stochastics and the medium ones went WOW again. Short ones I don't know, but the 89,3,5 signaled but the 233 gives the stochastics a score no better than 5. Mlr/Ma's look good both 3d shift and 89d signaled. But, what interested me the most was the SMI 13,25,2, it looks to be sitting right under the bullish threshold and has turned up. If it crosses, stock is good for 25% on a short term play. It has a great history on follow through with that indicator. I am undecided as to whether to classify this stock as an attitude, but can say it is a definite play, and maybe as soon as Monday if that IHS that I see on the 3dRSI is valid, and SMI continues. I know that this was a mini test and would be interested in how you score me. I'm still looking too! Thanks

Jack
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