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Gold/Mining/Energy : Boycott the VSE Friday June 5th 1998

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To: Zardoz who wrote (23)5/25/1998 10:08:00 PM
From: Clark Kent  Read Replies (1) of 28
 
Hutch, I'm getting conflicting signals here, you said

<<<<I've look at SKB, and the stock's chart gave signs of death a long time ago, considering the bussiness. It looks like a typical miner.>>>>

This evening I found this old post from March 17th 1998. What's up?
Sadly,we know what happened, but what chart were you looking at?(A rhetorical question)

To: +paul s. (2 )
From: +paul s.
Tuesday, Mar 17 1998 1:06PM ET
Reply # of 103

Ok here's one I've come across that looks good..

SKB...previous close at .35 (strong start to today)

Indicators/Trends:
MACD (11,22,34)...trending up, but has yet to cross signal line
RSI...moving up from 30
MoneyFlow...still trending down
Acc/Distr...positive reversal (1 week) of long term downtrend
Williams %R...leading short term indicator has also turned up
Stochastics...was below 20 for 2 weeks and has now moved above for buy indication

Pros:
...volume showing positive trend
...leading indicators still have upside room
...good promo
...moving off established base
Cons:
...MoneyFlow not yet turned positive
...history of short-lived moves
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