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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?

To: stan s. who wrote (67807)	10/25/1999 11:31:00 AM
From: Bryan	Respond to of 90042

Agreed. eom

To: stan s. who wrote (67807)	10/25/1999 11:33:00 AM
From: JakeStraw	Read Replies (1) \| Respond to of 90042

I agree. I would never ask a friend to do that...

To: stan s. who wrote (67807)	10/25/1999 11:47:00 AM
From: margin_man	Respond to of 90042

SNRZ - is on the recovery course here. No position yet.

To: stan s. who wrote (67807)	10/26/1999 9:17:00 AM
From: stan s.	Read Replies (2) \| Respond to of 90042

CS. A quick simple chart on CS. Not really as bad as it has seemed. Opened a little below support yesterday but managed to recover nicely. If it should fail the 14 7/8 line at close it probably will meander down to close that gap at 12 5/8 or so...and there are other areas of support before then and the actual gap support is 12 5/16. Too much effort to include all that at the moment. This chart may be coming in to slow to mess with trying to view. geocities.com Significant resistance at 18, minor at 16 1/2. Even though it's trending down it's not so severe as to negate a look at a couple of momentum indicators. Nothy fancy here just a quick show of the CCI and Stochastics at standard settings. CS is oversold. In a nutshell the CCI gives a buy as it pulls out of oversold and crosses above the minus 100 line...thus triggering a buy. On the Stochastics...a buy is triggered as the signals pull out of oversold over the 20 trigger line. Those indicators, essentially, indicated momentum buys yesterday. These are the simplest indicators in the world, not always reliable by any means but here in this setting it appears CS is due for a pop of uncertain duration and strength....This does not yet imply a reversal but merely a pause in this downtrend...which could be the early signs of bottom and reversal. I'm not including confirmations or other signals here but CS did get a bullish engulfing line at support after a downturn yesterday. So that combined with the momentum buys makes it at least worthy of mention....etc.................................................. ...do your own diligence and so on. Stan