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

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To: Doug R who wrote (26675)2/23/1999 10:49:00 AM
From: ivan solotaroff  Read Replies (1) of 79230
 
ON THE CATWALK

SRV back up for another run at the Big Meow: New low in, volume almost on track. This is a TIDY little cat thus far, considering it's lost over half its value in less than a month and has even double-gapped: It's showing no signs of panic selling/buying. From experience, I'd say that means one of two things:
1) That panic will soon occur, creating a MOAS; or
2) That the signal will be equally tidy, yielding a tidy nest-egg type return of a tidy 10% or 15% for the well-heeled, and yes, tidy, fancier.
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