The 56 Point TA; Charts With an Attitude Message Board

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

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To: BI*RI who wrote (16297)	5/5/1998 10:44:00 PM
From: Ocote	Read Replies (1) of 79382

S&P500, CNKT Thanks, Marc I was gratified to see the RSI 13 model hold today. For both the S & P 500 and the Dow the RSI 13 formed another lower peak confirming a downtrend. It doesn't seem like this is the "scary" kind of correction like in October... it's more like the Titanic scraping an iceberg and then things begin to change ever so slightly. Don't take me wrong, I'm not expecting a big bear market, but as Doug says, a "haircut." It's so slow that many can still have fun with their daytrades. Today I had my best day ever with one stock.... CNKT up 70% to 4 3/16 Newshttp://biz.yahoo.com/prnews/980505/ca_connect_1.html Ocote

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