Quarterdeck: Making a Striking Comeback! Message Board

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Technology Stocks : Quarterdeck: Making a Striking Comeback!

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To: Arizona997 who wrote (2910)	5/16/1998 1:14:00 AM
From: Lawrence Burg	Read Replies (1) of 3307

Today's action was interesting, but not the way you had hoped, I suppose... Reactions aren't always immediate. Look at the other indicators. It's next to impossible for 'em to move in perfect sync... ADX8 Combo @ 20x30 & still falling. I'd like to see it fall below 20 to get it good & OS. Rebound from there would carry more umph too. CCI8 is at -100, almost ready, but looks to go below which would also be good for the strength of a rebound. CO apparently bottomed. MACD9 still slipping and far away from the recent bottoms. At this pace it would be weeks before a turnaround. Need to figure out how to read this one. Anybody wanna help? Smoothed OBV10 also southbound & far from recent bottoms; 'though not necessarily a bellweather on QDEK action. RSI8 @~40 and falling. All previous runups started w/RSI below 30; need to wait 2+ days. I'm using 14,3,3expStoch, which has been bottomed since Tuesday, primed since last week. I see the 5,3,3 just arrived, as you indicated. Thanks watch it closely. I think it will bounce around the bottom for a day or two. My combined Stoch-RSi shows 2+ days for convergence at an OS bottom. FA looks decent. The entry window then starts around Tuesday. Man can it really be this exact? Heck no! Bottom line is QDEK is somewhat OS and will become moreso (severely) in the near term. Charts say a correction to the upside is imminent. So should I waste my time trying to optimize my entry or argue TA at the risk of missing El Poppo? No. Allocate the money. Use 80% here. Use the balance on whatever lower lows appear. Sounds like a plan. Ask me if I implemented it in about two weeks... Sorry about talking to myself...

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