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

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To: bruce-l who wrote (21065)9/8/1998 12:36:00 AM
From: Doug R  Read Replies (2) of 79444
 
Bruce,

Inverted 3 dRSI trick * scan hits: I think the most likely ones will be those that do not have a 3 dRSI IHS breakout as a result of the hitch. From your list, those would be:
AAP
ABI
COGNF
EMPI
FMXI
HKID (a bit thinly traded)
IBIS
JMED
If MCLL is down tomorrow it will be under $5
POT looks really sweet. I'd short it without the inverted trick but with it...yehaa.
ROCM

There, that narrows it down nicely.
The others with an * that are IHS breakouts should be monitored for an uptick on volume as possible buys if the market decides that it approves of the current supply/demand dynamic it's testing at this nexus.

Whew,
Doug R
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