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

To: Warthog who wrote (32724)	12/6/1999 4:28:00 AM
From: Doug R	Read Replies (1) \| Respond to of 79230

Wart, et al, Some lab observations: I've been doing more work lately on periods that might be considered kinda long. I've used a 377,54,89 sto for a while now. In extending that timeframe a bit further on the CCI, It's apparent that a 610 dCCI is well suited as an accompanying perspective to the 377,54,89. The first consideration is that the stock(s) in question has at least 8 years of history. The main consideration involves a significant upturn...or a new high...or a downtrend (or other pattern) breakout on the CCI that is very soon followed by, or concurrent with a positive crossover on the sto.......... Or an upturn on a 377,54 %K with a value of 20 or more while it's above a rising 89 d%D. AND...with supportive volume...of course. These periods for the sto and CCI are best suited for tracking the viability of maintaining a longer term position in a stock as well as for verification on entry timing. One thing that looks quite ugly is the 610 dCCI on the S&P 500. But, the 377,54,89 sto is just now crossing to the upside at a value above 80 (yikes, huh?) while the CCI is making a move through a short term resistance line to bring it very close to a very short term IHS breakout. This biit of upturn and activity among a couple short term lines on the CCI along with the sto activity is a good indication that an upward move of relative significance is starting on the S&P. AND...volume has been supportive. (and Bdog howls, "Noooooo!! NOT the 610!!!!!!!!) heheheh, Doug R