National Computer Systems (NLCS) Message Board

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Technology Stocks : National Computer Systems (NLCS)

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To: Nagaraju R. Arakotaram who wrote ()	9/20/1998 10:23:00 PM
From: Rick Slemmer	Read Replies (1) of 16

Raj: NLCS popped up on my radar screen today; I'm a technical trader, and the TA looks very good, even in this wobbly market. Asian markets indicate that a drop tomorrow morning is likely, so I'll watch for an entry point around 27. Here's what the tea leaves say: Relative Strength is 96; Excellent Money Flow Oscillator @ 36.4; On-Balance Volume is at a new high; Stock is at it all-time high; Up volume is consistently more than down volume; Stochastics are indicating overbought right now; it's due for a pullback. There is tenuous support at 26.875 and much better support at 25.375. I think it's worth a quick trade on the long side. Good luck! RS

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