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


To: bruce-l who wrote (35531)5/18/2000 2:12:00 AM
From: Doug R  Read Replies (1) | Respond to of 79237
 
Bruce,

It's amazing how many stocks like RDCM gave back everything to their December price area. I would expect that over the next 3 to 5 weeks we'll see a significant amount of the usual suspects which have done so trend up to one or the other of those MAs. You definitely have the right idea.
Another group to watch will be those that have recovered the 50 and are in the process of turning it back up.
It may be a little early to say but KIDE should become one of these. It hit the M12 yesterday.
Speaking of toy stocks (MAT jumped nicely too), I'll have to try to catch up with Watcher (hey Watcher...are you out there?) and find out what's on the horizon as far as the next marketing driven craze for this Christmas. This is about the time of year that stuff starts a spark or two of visibility.
Another group that should be interesting is pharmaceuticals. I'm tracking DUSA for a break over and upturn of the 50 dMA.
Doug R



To: bruce-l who wrote (35531)5/18/2000 7:54:00 PM
From: bruce-l  Read Replies (1) | Respond to of 79237
 
3drsi/indrsi ratio

3drsi in3drsi RATIO pre3drsi prein3drsi
hits hits hits hits

Last Mon 20 40 0.50 6 0
Last Tues 20 30 0.67 9 2
Last Wed 26 27 0.96 4 4
Last Thur 28 25 1.12 6 1
Last Fri 29 21 1.38 3 3
Monday 27 18 1.50 8 7
Tuesday 27 18 1.5 9 7
Wednesday 29 21 1.38 9 3
Thursday 31 21 1.48 8 7

bruce