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

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To: Magnatizer who wrote (24574)1/4/1999 6:15:00 PM
From: Alski  Read Replies (1) of 79263
 
Thread, -EDIT-
Big volume came in to RADAF right at the close today. Might be worth another wee gander sometime soon.

GIC, ADSK/DSLGF, and INTL had strong days today too. Actually GIC had a pretty wild ride from 34 to 37+, down to 34+ and back up to close at 35 1/8. I've taken a token position in GIC as a takeover rumor play more than a TA play. I'll be interested to see how todays action changes the TA outlook. Anyone care to offer any opinions other than how good a move it would have been had I been able to switch from GIC to TACO at about noon?

It look's like y'all backed up the truck to the AKLM dock about 3:35, but were you loading up or bailing on that dip to 11? Any chance this correction is already over with a bounce off the lower BB or do we get another buying op at that trendline a hair above 10?

Alski

-EDIT- CLST had a good day too. Fixin' to make a strong move?
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