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

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To: Doug R who wrote (16552)5/7/1998 6:03:00 PM
From: Ocote  Read Replies (1) of 79384
 
Ocote has a big ol' smile on his face.
I think both master and student have smiles.

I am also short IL violators PRGN and CLYS, as well as ZITL on the breakdown earlier this week. Also SEVL on the second spike strategy for parabolic lookalikes.

Today shorted AHI
Classic double top with divergence of RSI, Money Flow, volume and anything else. Broke down through 89 day MA.
Could be seen as a VIMBO with volume on the retest but no rise in price. Lower highs lower lows.
Does not have an IL but did break its steep trendline.

Wish I had shorted IL-violator MSPG, didn't.

Ocote
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