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Non-Tech : LOCK (Saf-T-Lok)
LOCK 23.990.0%Feb 16 4:00 PM EST

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To: Lawrence Burg who wrote (852)3/2/1999 7:02:00 PM
From: wanmore  Read Replies (2) of 1039
 
$2 1/2 is where the gap down in July happened. Every technical study done will tell you that filling a price gap is one of the most important times in continuing a trend. The next gap is $3 7/16 these will be difficult to fill without a steady stream of press. Volume was down today...that was good anyhow. I don't use 50 and 200 DMA's because my trades are a bit more short term. Try using an Accumulation/Distribution index with a 8,8,3 Stochastics and a 9, 14 10 MACD. If I do use a MA I mix a 19, 14 and a 9 and look for the 19 to cross the 9
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