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Strategies & Market Trends : Technical Analysis - Beginners

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To: TA2K who wrote (9687)	3/3/1999 1:43:00 PM
From: David R. Evans	Read Replies (1) of 12039

In the case of COMS it could be almost ANY INDICATOR turning up..... Just about any Indicator I put on it's chart is going down.... MACD (8-17-9) has gone short. StochRSI (8-5) is going short. InSync Index has gone short. DNS and Dahl have gone short..... How much do you need before you stay away????? In a case like this one I would wait until all of these Indicators turn around and start going up..... This should take a while because many of them still need to come down further.... Once they all come down I would watch for StochRSI (8-5) to turn up first. That should be followed by both StochRSI(14) and MACD(8-17-9). At this point you should see the rest of the indicators pointing up.... That's when I would give COMS another look..... What if COMS decides to just turn around today without any Indicator realignment????? Oh well, I'll miss it BUT I know there are many more to look at so I will not worry about it... Dave Evans

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