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Non-Tech : USA Detergents (USAD). A Table Pounding Buy...
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To: soozathelooza who wrote (16)2/9/1997 3:04:00 PM
From: Doo   of 143
 
USAD always had a pretty wide spread when I owned it. It's movement always kept me on my toes. During it's run up, it moved pretty consistently and technical resistance/support points held pretty well.

QSYS looks almost ready to me. I'd watch Monday to see if the volume is going to dry up any more. Below average on Friday. Would like to see some pulse tomorrow. Open lower, close unchanged to higher with a good uptick in volume? Group makes me a little nervous, and it misses on the "L" and other than the new high, there is nothing "N" about the stock that I know of. May be a "laggard" with a nice chart. Wouldn't risk more than 12 on a stop.

I'm watching DSWLF and ACRT (of course) on weekly charts. If you have O'Neill's book, on page 167 he talks about the rarity of "high, tight flag" patterns. These two have potential. And O'Neill featured both in New America recently. DSWLF has a bunch of warrants which will add to the float and may create a flag just by the push and pull with the new shares against the attention given to the stock lately. ACRT will need to continue its current correction right here to form the pattern or form it somewhere up the ladder. DSWLF began the pattern late last week. Will they form? No idea.

Much prefer these two to QSYS. Good luck.
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