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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?


To: jsavage who wrote (31667)8/19/1999 1:42:00 PM
From: Doug R  Read Replies (1) | Respond to of 79230
 
JAS,

SCHS:

Don't worry too much about missing it. It's not easy stepping under a falling knife like that. The volume was too large to ignore and with the amount of divergence in the short stuff, all those IHS breakouts had to be a buy signal for a quickie.

NEOM: Look at the chart!!!! (from at least mid-'97) Sheesh.
Besides that...it's a project stock for this week about to break over Friday's close on heavy volume....like CYBX did (even though CYBX was from an earlier project week).

Doug R



To: jsavage who wrote (31667)8/19/1999 2:10:00 PM
From: Doug R  Read Replies (2) | Respond to of 79230
 
Ok JAS,

Now that you've had a few minutes to check it out:
The 89, 3, 5 on NEOM is kicking a knee off 80 and the scatter is perfect. A monster 3 dRSI setup is threatening to break out. Volume here is up to "hiccup on volume" levels and...it's got the "hiccup". The CCI thingie I'm bringing to Seattle is reset on it and triggered back up with the activity so far.
There's lots o' good technical stuff coming together right now.
The price chart is self-explanatory.

Doug R