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Strategies & Market Trends : Attitude Alphabet Project -- Ignore unavailable to you. Want to Upgrade?

To: Doug R who wrote (223)	7/18/1999 5:52:00 PM
From: Doug R	Read Replies (3) \| Respond to of 670

Ok...NOW I'm taking a break...really, I am. With just 8 "A" stocks left to go, ASPX is now penciled in as the 2nd "A" stock for this week. Here's the rundown on the TA: ASPX Price...12 1/4 Intermediate term chart pattern...monster IHS Short term chart pattern...triangle with breakout Current resistance...IHS neckline: high on 9/24/97 to high on 3/12/99 Resistance line value for 7/16...12 9/16 Current support...low on 6/17/99 to low on 7/13/95 Support line value for 7/16...10 Target...IHS breakout projection method...23 3/8 in 4 months or less (probably a lot less). risk...2 1/4 (22.5%) reward...11 1/8 (90%) Risk/reward...1:5 SMI bullish threshold...not a problem 89 MA/MLR...timing possibly a wee bit early, profile optimal BBs...supportive CCI...timing possibly a wee bit early but leaning well toward very strongly supportive. Scatter/plex...verification of scatter signal would be strong on a break over price resistance. Plex is telegraphing a breakout. 3,1,2...hesitant 4,3,2...timing possibly a wee bit early 13,8,8...timing possibly a wee bit early 89,3,5...3rd higher xover in a series...trending strongly toward 80...a break over price resistance will very likely put it over 80. 233,21,34...putting in a hard fought knee, just now kicking up over 80 MACD...supportive with good timing MA...5 through 50 nicely bundled...will bust a separation if price holds reasonably firm on Mon. Rabbit...timing possibly a wee bit early Price/volume stuff...in gear RSI...slightly hesitant...possibly a wee bit early You gotta love the ones where the timing may be a wee bit early. Doug R