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

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To: Doug R who wrote (21063)9/7/1998 12:49:00 PM
From: bruce-l  Read Replies (3) of 79429
 
Doug:

Did a reverse (upsidedown, inverted) RSI trick scan and came up with same
list as bdog plus a few more. bdog I didn't use "typical 56 pre req" scan.
I do remember said scan back quite a while.

I tried a second scan with different settings to try and get some possible hits
for the next day or two. List is shown below, sorry for the length but I guess
that just reinforces the bad market conditions we may be in. Oh I tried same
scan for RSI trick and didn't get a hit. The only requirement I put in was an
average volume of over 25,000 shares for the last month. I can see where you
could be late on a few hits but right now I want to see if I'm doing this right.

Doug with your vast and superior knowledge (sucking up to the master) could you
critique my calls below to let me know if I'm in the ballpark or still outside
the stadium. The stocks I have an asterisk buy am I correct in assuming these
would be a sell (short) late Tuesday if they are down for the day?

AAP *
ABI *
ACAS
ADG bad break?
ADP *
AMCN
ANLG to late?
ATV *
BZH not sure how to call
CBD
CEI
CFS *
CKE
CMIC
COGNF *
DBT bad break?
DRC
EGG
EMPI *
FFPB
FLH
FMXI *
FSLA Doug, stairstep from 10/96 to 10/97?, must of been some BAD news
FSPT
GAL
HKID *
IBIS *
IGLC to late?
IKN *
IOM
JMED *
KNE
KNL
LBFC
LM
LOJN
MCLL *
METNF
NTLI
PBOC
POT *
PSI
PTEK
PXD *
ROCM *
RYG
SAVLY
SNTKY
STAA
STAR
STRD
SWLDY *
TEAM *
TELC
TFR
TMBR *
TWTR *
UCFC
URSI
USAD
USNC
VFSC
VVR
WEBB to late?
WEBC
WLK
YELL *
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