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Pastimes : ASK Vendit Off Topic Questions -- Ignore unavailable to you. Want to Upgrade?

To: DOUG H who wrote (5583)	12/18/1999 1:06:00 PM
From: Walkingshadow	Read Replies (1) \| Respond to of 19374

Chickenmeister, If only that former ZBRA owner still had non-vested options! But, Las Vegas is pleased <VBG>. The stoch crossover occuring so low looks potentially powerful, but I notice that in the past this has not meant much unless followed by MACD signal. You might double check with V, but it looks to me like MACD has not signalled yet. The histograms are moving toward the neutral line linearly, and the first histogram which rises above the green moving average line will constitute a MACD signal. If the previous days trend continues, this could happen Monday, so I'd say ZBRA bears close watching. On the intraday chart, outside of a bit of a downtick the last hour or so, the day looked strong----a fairly ordered, constant progression upward, continuing a trend from the previous day. Also, though I'm certainly no expert in formations, I see what appears to be a series of flags and pennants. For example, a pennant from 11/1 through 11/7, followed by a strong move upward. A flag from 11/18 through 11/24, immediately followed by another flag which ended 12/7, and then immediately after that another pennant, the tip of the pennant being 12/15; a nice move upward off the tip of this pennant followed. These are all bullish signals that the uptrend will continue. OBV rising, Williams has moved up from extreme oversold. The price ROC fast line has moved up through it's moving average also. I'd like to know V's take, but to me, if MACD confirms these generally bullish signals, ZBRA's a buy. JMVHO, WS