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


To: unregmarket who wrote (33561)1/21/2000 2:19:00 AM
From: Doug R  Read Replies (1) | Respond to of 79237
 
Rick,

ROHN is the quintessential example of the hard right edge here. All the parameter sets on all the indicators I apply come down to the most sensitive view right now....the 2,1,2 stochastics.
A positive hinge on Wed. swung into a more defined and more positive hinge today on high volume. The entire repertoire of my work is geared toward indicators and parameter sets that support each other on both a top down and bottom up basis. Now that the 2,1,2 has exhibited the particular activity evident, the hard right edge is fully in play due to the attributes of the entire technical profile.
Because of this, there has also been introduced the possibility of an induced shakeout. There's also an equal possibility that the price will just go nuts. I've seen this situation enough times to know that either case will lead to the same result...............
ROHN's gonna fly.

Doug R