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Technology Stocks : Paychex (PAYX) -- Ignore unavailable to you. Want to Upgrade?

To: Jeff Bond who wrote (164)	6/17/1999 2:42:00 AM
From: Jeff Bond	Read Replies (1) \| Respond to of 210

Confirming Indicators - 7.26% return and counting ... 1. TRIX - DONE "buy or sell when the TRIX changes direction. This cycle should be initiated when the TRIX has made a very strong peak." 2. Force Index - DONE "this indicator incorporates the moving average of a daily price change weighted by volume. As the value of the Force Index moves above zero, the situation is said to be bullish." 3. Ease of Movement - ALMOST THERE "The Ease of Movement indicator, created by Richard Arms, indicates an upward swing when the Ease of Movement crosses from below zero to above zero" 4. Candledstick Harami Bullish Buy - 06.08.99 DONE "The bullish Harami is a long black day followed by a short white day which is fully engulfed in the white day. This pattern should be confirmed by an downtrend." 5. Pring's Short Term KST - DONE 6. Williams Accumulation/Distribution - DONE "Find a recently previous significant peak (or valley) of the indicator. If the indicator fails to reach that value again while at the same time the issue price reaches a local high (or low) then the security is said to be ready to break upward or downward. (Downward if the recent significant value is a peak. Upward if it is a valley.)" Regards, JB P.S. I realize I could have made that return in half a day yesterday with a YHOO, thats the breaks, PAYX was a much safer bet, especially in light on soon to be released CPI numbers. PAYX longs should be feeling better soon, although I've not looked far enough ahead to determine if it's worth me holding long at this point.

To: Jeff Bond who wrote (164)	6/18/1999 7:09:00 AM
From: Jim Garrison	Read Replies (1) \| Respond to of 210

JB: Sure looks like you've got it right. I thought about buying yesterday, but hesitated with the emva's (50 and 200 day) so close overhead resistance at around 30. Think gladman has similiar price point. Probably will trigger the MACD zero xover that i use as primary signal, and i'll look again. (Maybe tomorrow, the way it's going!) I am getting more than usual breakouts to new highs (IMO by far the best risk/reward) and xover signals and I have a fairly big investment on interest rate decreases, so I am having to pick and choose. IMO: Looks like summer rally starting. Again, many thanks for your input - appreciate your reasoned opinions. At worst, i'll catch the next PAYX cycle <g>. Good Trading, jim garrison