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Non-Tech : Dorsey Wright & Associates. Point and Figure -- Ignore unavailable to you. Want to Upgrade?


To: Tigress who wrote (2822)12/10/1999 2:59:00 PM
From: Ms. X  Read Replies (1) | Respond to of 9427
 
DWA - Idea Generator.

Ideas are posted daily in this link along with basic fundamental
information, PnF chart and commentary by a DWA analyst. Great place
to get some trade ideas.

Here are three from today...

Clear Channel Communications - CCU
As can be seen from the chart below CCU continues to perform well
trading above its uptrend line. After falling off in October CCU has
begun to come back strong. The stock was able to find support in the
69 area after giving two sell signals. Once this bottom was found CCU
was able to rally straight up to the 80 area taking the stock through
the downtrend line thus changing the trend back to positive. CCU has
given three consecutive buy signals and was able to marks a new chart
high at 88 before pulling back. Most recently CCU has formed good
support in the 80 area holding there on two occasions. The stock has
also just recently broke a double top at 84 and we could now see a
test of old highs. The RS is positive and the monthly momentum has
just flipped positive. On the fundamental side both Bank of America
and Thomas Weisel Partners rate CCU a "strong buy". Okay to play here
with a stop/hedge point of 79, a triple bottom break.

Clear Channel Communications, Inc. is a diversified media company
with operation in broadcasting and outdoor advertising.

Symbol CCU
Relative Strength Buy, Col of Xs on 01/05/1999
Momentum Neg 2 Weeks
50 Day Mov Avg 80.580
Exchange AMEX 1
50 Day Mov Avg 73.456
Sector Media
200 Day Mov Avg 71.798
Sector Risk Bull Correction 58-
30 Day Avg Vol 1,448,350
Home Page None
Outstanding Shares 248,500,000


91 91
90 ----------------------------------------------------------------------------90
89 89
88 X X 88
87 X O X 87
86 X O X 86
85 --------------------------------------------------------X O ----X ----------85
84 X O X 84
83 B O X C 83
82 * X O X O X 82
81 A * X O X O X 81
80 ----------------------------------------X --X O * --X --X O --O -------- Med80
79 X X O X O * X O X 79
78 X O X O X O X X O X 78
77 X O X O X O X O X O 77
76 X O X O X O X O X 76
75 ------------------------------------X O --O --O X O X -- --* ------75
74 * X O X O X * 74
73 X X * X O * O X * 73
72 * X O X O * X X * O X * 72
71 X * X O X O * X O X * O X * 71
70 X --X O * --X --7 O X O ----X O X --X ----* ------O X * --------------------70
69 X O X O * X O X O X O X O 9 O X * O * 69
68 X O X O X X O X O 8 X O X O X * * 68
67 X O X O X O X O X * O X O X O * 67
66 X O O X O X O X * O X X O * 66
65 ----* 6 --O --O * ----O X O X --* -------------------------------------- Bot65
64 * * O X O X * 64
63 * O X O * 63
62 O X * 62
61 O * 61
60 ----------------------* ----------------------------------------------------60
59 59
58 58
57 57
56 56
55 ----------------------------------------------------------------------------55
54 54
53 53
52 52
51 51
50 ----------------------------------------------------------------------------50
49 49


SWISSRAY International, Inc. - SRMI
We have mentioned SRMI before on the idea generator and want to bring
to your attention once again. SRMI pulled back with today's action
though was able to close higher on the day. This stock has given
multiple buy signals forming a nice series of higher tops and higher
bottoms. The RS vs. DWA is positive and demand remains in control.
Okay to buy SRMI here.

SWISSRAY International, Inc. manufactures and sells diagnostic X-ray
equipment for all radiological applications.

Symbol SRMI
Relative Strength Unkn, Col of Xs
Momentum Pos 5 Weeks
50 Day Mov Avg 4.339
Exchange NASDAQ
150 Day Mov Avg 3.316
Sector Healthcare
200 Day Mov Avg 2.827
Sector Risk Bull Confirmed 42+
30 Day Avg Vol 22,161
Home Page None
Outstanding Shares 16,220,000


8.5 | 8.5
8.0 ------+-------------------------------------------------------------------8.0
7.5 | Top7.5
7.0 ------+-------------------------------------------------X --X ------------7.0
6.5 | X O X 6.5
6.0 ------+-------------------------------------------------X O X ------------6.0
5.5 | X X C 5.5
5.0 ------+-----------------------------X --------------X O X ------------ Med5.0
4.75 | X O X O X 4.75
4.50 ------+-----------------------------X O --------X --X O ------------------4.50
4.25 | * X O X O X 4.25
4.00 ------+-----------------X * --------X O ----X --B O X --------------------4.00
3.75 | X O * X O X O X O 3.75
3.50 ------+-----------------X O --* X --X O ----X O X ----------* ------------3.50
3.25 | X X O X O X O X O X * 3.25
3.00 ------+-------------X O X O ----X O 7 O X --X A X ------* ----------------3.00
2.75 | X O X O X O X O X O X O * 2.75
2.50 ------+-------------X O --O ----X O X 8 X O X ------* --------------------2.50
2.25 * | X 5 X X 6 X O X O X * 2.25
2.00 --* --+---------X --X ----O X O X O X O --9 ----* -------------------- Bot2.00
1.75 2 * | 4 O X O X O X O X * 1.75
1.50 X O --* --------X O X ----O X O X O X ------* ----------------------------1.50
1.25 X O | * * 3 O X O X O X O X * 1.25
1.00 --O X +-X * X * X O X --* O X O X O X --* --------------------------------1.00
0.75 3 A | 1 O X O X O X * O X O X O X * 0.75
0.50 9 5 +-X O X O X O * ----O --O --O * ------------------------------------0.50
0.25 8 8 X O X O X 2 X * * 0.25
O +- O O

Metromedia Fiber Network-A - MFNX
MFNX after finding a nice bottom in October has started a nice
comeback. The stock is now trading above its uptrend line and has
given three consecutive buy signals. The stock has pulled back just
above support and this offers a nice entry point. Look for this one
to hold support and test its recent highs of 45. Okay to play here.
Metromedia Fiber Network, Inc. provides high-bandwidth, fiber
opticcommunications infrastructure to carrier and
corporate/government customers.

Symbol MFNX
Relative Strength Buy, Col of Xs on 10/12/1999
Momentum Neg 1 Week
50 Day Mov Avg 36.221
Exchange NASDAQ
150 Day Mov Avg 34.790
Sector Telephone
200 Day Mov Avg 33.672
Sector Risk Bull Confirmed 66+
30 Day Avg Vol 3,009,340
Home Page None
Outstanding Shares 188,600,000


50 ---------------------------------------------------------------------------50 -
49 49
48 * 48
47 X * 47
46 X O * 46
45 -X ------X O --* ----------------------------------------X ----------------45 -
44 X O X O X * X O 44
43 X O X O X O * X O 43
42 X O X O X O * X O 42
41 X O X X O X O X * X O 41
40 ---O X O X O X O X O ----* ------------------------------X O --------------40 -
39 O X O X O X O X O * X O X 39
38 O X 6 X O X O 7 O * X X X O X 38
37 O O O O X O * X O B O X C X Med37
36 O X O * X O X X O X O 36
35 ---------------O X O --------------* --------X O X O X O X ----------------35 -
34 O X O * X O X O X O X 34
33 O X O X X * X O X O X O 33
32 O O X O X O * X O X O * 32
31 O 9 O X O * X O X * 31
30 -------------------8 ----X --X --X O --O ----X O --------* ----------------30 -
29 O X O X O X O X * 29
28 O X O X O X O X * 28
27 O X X O O * O X X * 27
26 O X O X * O X O X * 26
25 -------------------O X O X ------* ----O X O X * --------------------------25 -
24 O X O X * O X A * 24
23 O X O X * O * 23
22 O O * 22
21 * Bot21
20 -----------------------* --------------------------------------------------20 -
19.5 * 19.5
19.0 ------------------* ------------------------------------------------------19.0
18.5 * 18.5
18.0 --------------* ----------------------------------------------------------18.0
17.5 * 17.5
17.0 ----------* --------------------------------------------------------------17.0
16.5 * 16.5
16.0 ------* ------------------------------------------------------------------16.0
15.5 * 15.5
15.0 --* ----------------------------------------------------------------------15.0
14.5 14.5