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

To: bdog who wrote (35504)	5/18/2000 5:25:00 PM
From: jolox	Read Replies (2) \| Respond to of 79230

Hi Bdog; While we all wait for some stocks with an " attitude "...try this for some short term action. GIVEN....EMA's and MACD's are indicators that are used to establish a trend and oscillators....Stoc....RSI....CCI are used to confirm it. On a weekly chart.....construct a 13 and 20 day EMA with a 5-34-5 MACD. To establish an uptrend....we are looking for a 13/20 cross with two price bars up....having higher highs and lows. To further support this trend....we look for the MACD histogram to be crossing up over zero. Volume and associated oscillators....also have to support an uptrend. This is a short term strategy...7 to 10 day hold. If on a daily chart, the stock price slips below the 13 day EMA...SKIP IT. Use close stops to preserve capital. I have a simple QP2 scan for finding these kind of stocks....if you want it. Here is a list of stocks I now have in my portfolio... ALU CHRB CK CNRD DFCT GI HECO HUMP LIFC LNY NSANY NSSC PDQ PETC PMM PSSI RIGS TMR TSA