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

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To: Ocote who wrote (17511)5/26/1998 8:50:00 AM
From: Dave H  Read Replies (3) of 79459
 
Ocote,
I like your short sell list. I'm still in PILL and it continues to create a very nice H&S.

Did you stop out of FRAG? I'm still holding, mostly because TC2000 BOP & moneystream are both pointing south, & volume has not been supportive of a turnaround these past couple weeks, though I'm watching close. I see they just posted earnings this morning and EPS/net income was disappointing, apparantly. It's amazing to me how many sequentials happen right before earnings are released.

Anyway, I am still watching HAIN since I think that one has potential too. RADAF also just finished a sequential and Doug R recently said TA-wise it looks like it'll be heading down any day now.

Thanks for your continued work on the 13dRSI model; the Market is certainly looking like it's ready to tumble. Volume has really dried up the last 2 weeks....

-dave
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