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Strategies & Market Trends : Z Best Place to Talk Stocks

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To: DanZ who wrote (14618)	6/8/1998 4:53:00 AM
From: Beachside Bill	Read Replies (2) of 53068

Thanks for the info on ADPT While I like both, I am not ready to jump in either until a momentum move. ADPT is pushing the weekly BB lower. The weekly lower Standard Error band is about 13 1/4 on a uptrend. I think at the point when the two meet there will be solid momentum move up. This will be confirmed IMO when the weekly close will be above it's 20 week end point moving avg. Pretty much the same with IOM. Eventhough IOM is near the weekly lower BB. I will wait until it closes above it's end point moving avg. The only reason I am being so cautious is because these stocks have not based. Using this technique will not get you the bottom price but is safer.

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