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Strategies & Market Trends : Stock Attack -- A Complete Analysis
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To: Magnatizer who wrote (9802)6/8/1998 11:25:00 PM
From: R. Ramesh   of 42787
 
RADAF was overbought starting Thursday. CCI 13 value of 263.46 on Friday close was too high.
it needs to correct below 200 and reverse up for RADAF to start its run at the 26.50 magnet which
I have.

Of note, magnets at 14.75, 16.50, 26.50, 30.00. The middle area (equal pull) in between the 16.50
and the 26.50 magnet has a value of 21.50. Since the stock was overbought when it reached that
area the lower magnet had the advantage. The next time RADAF meets the 21.50 area I bet it will
not be overbought and therefor will get through it and charge its way toward 26.50.

Do you have any time frame that goes with your magnetic attraction rule for RADAF. (FYI, I asked a similar Q on 56 thread to Doug)

Ramesh
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