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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?

To: Ken W who wrote (17761)	12/7/1999 11:24:00 PM
From: theshaker	Read Replies (1) \| Respond to of 29382

Hi Ken: Thanks for the response! Sorry for the delay. Got involved in a "15 days of James Bond" movie. Have looked up ONHN on Yahoo - 2 year chart with moving averages. finance.yahoo.com Here is what I see: - Every time the 50 day crosses up over the 200 day it is preceded by a dramatic price rise. ie 04/98, 01/99. Each of these crosses is also preceded by a volume spike. - The reverse is true. Every time the 50 crosses back down through the 200 day it is preceded by a price decrease and the volume is lacklustre. - the lowest ebb in the 50dMa seems to coincide with in price increases, followed shortly by the 50 day crossover the 200 day. Note: You mentioned that the 50 day crossed over the 200 day with impressive volume. Did you mean today? I don't see that on the chart I have drawn up. The 50 day is still well bellow the 200day. However, the price has moved up to touch the 200day. This seems to precede the 50 day/200day crossover each time. So the crossover is probably coming? Boy, being in front of the class is tough! Regards and thanks, DOH.