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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts -- Ignore unavailable to you. Want to Upgrade?


To: Kid Rock who wrote (15191)1/19/2000 6:01:00 PM
From: arno  Read Replies (1) | Respond to of 63513
 
Kid Rock,

Let's see here.

MCRE broke a double top on 1/11/00 at 10.5 and has continued upward. It has given 3 straight buy signals, but it does look a bit over extended.

The RS (relative strength) as compared to the DOW, is in a column of O's and on a sell signal. Not good. However, it is close to reversing up into a column of X's. Good, if it does.

Knowing nothing about this stock other than looking at the chart, I would not enter at this time, but wait for a pullback.

Setting a stop on this one is tricky. A three box reversal would be @
12.5, or you could go to the last double top @ 10, or at the Bullish Support Line @ 8 or so.

It's entirely up to your tolerance of pain if it decides to go south on you, and whether you're a short term trader or long term investor.

Hope this helps,

arno



To: Kid Rock who wrote (15191)1/19/2000 6:08:00 PM
From: Alan Smithee  Respond to of 63513
 
On a fundamental basis, here is what is going on with MCRE.

biz.yahoo.com

They are getting out of their core professional graphics business and focusing on e-commerce through their Metastream.com subsisidiary, based on the East Coast. Gary Lauer is out, as is Terance Kinninger.

On a technical basis, it would appear the market likes the move. The stock gave a quad top buy signal at 9.5 (or, you could read it as a spread sextuple buy signal [Now how'd I miss that?]) Stock momentum is positive, although the RS is still showing as a sell. Aside from a brief pullback to 8, the stock has been moving on up to the Eastside, which is where the direction of the business seems to be.

And to think I owned this stock at $5!



To: Kid Rock who wrote (15191)1/30/2000 3:59:00 PM
From: Neenny  Respond to of 63513
 
Good Afternoon TAS,

I see my good friends here at Piffer got right up to bat on your question regarding that stock you were questioning.

Have you followed up with any of the info they posted about the
Point n Figure charting book by Tommy Dorsey?? Or checked in to the info on the workshop being held on this in Virginia on the 11th of Feb???

(you were right about SI being addictive!!!!)

smiles

Jane




To: Kid Rock who wrote (15191)1/30/2000 4:01:00 PM
From: Neenny  Respond to of 63513
 
Ok now that I handled the formality of responding to this post......I want to share this info.....I think they have you pegged!!!!

smirks.

WORD FOR WORD / Junk Food Psychology

Triscuits and Cheez Doodles as Windows Into the Soul

here's junk science, and then there's junk-food science.

Just in time for the Super Bowl, not to mention National Snack Food Month in
February, the Snack Food Association and the National Potato Promotion Board have
commissioned a study linking people's snack preferences with their personality types.

Surprise: People who inhale potato chips aren't necessarily porcine gluttons but
"ambitious, successful, high achievers." And Cheez Doodle lovers aren't slobs with orange
fingers but "formal, always proper, conscientious, principled."


Hmmm. Let's have a look at this study. It was conducted by Dr. Alan Hirsch, a neurologist
and psychiatrist who runs the Smell and Taste Treatment and Research Foundation in
Chicago. His curriculum vitae notes that "he has served as an expert on smell and taste on
CNN, 'Good Morning America' and 'The Oprah Winfrey Show."'