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

To: Alski who wrote (35641)	5/27/2000 10:01:00 PM
From: Densiebj	Read Replies (1) \| Respond to of 79352

Alski I don't know if this will help but I owned CNXT when they announced they were being added to the S&P 500. They announced before the bell on January 27th. Notice the close on January 26th and the close on January 27th. 74.313 on the 26th and 87.563 on the 27th. edreyfus.com capitalD

To: Alski who wrote (35641)	5/28/2000 11:29:00 AM
From: Doug R	Read Replies (3) \| Respond to of 79352

Alski, APCC: When I picked up some AFCI, APCC was runner-up. Its chart looks like quite a few out there. My read on the whole bunch of 'em is to expect a bounce up to or a wee bit above the 50 dMA. Then a dip back under. From there, expect some triangles, fins, bullish engulfing candles, double bottoms, pennants, etc to stalk for breakouts back over that MA. It appears ABAX (a usual suspect scan hitter) is making the initial trial balloon bounce. Somehow ABAX tends to show up with ADAC a lot. A strange coincidence. And ADAC has paid no attention to the market's woes, skipping along that rising 50. ....anyway, SIII (now in a pennant)was very early with its bounce to the 50 as was LPTHA (taking the double bottom approach). One that looks good for a strong bounce is ICGX. COVD has my attention. CNRS may be the % bounce chart to watch. It appears RACE and ATMS have possibilities for breaking back into the Nov to March trajectories. Their charts have taken on no damage and show nice, flat basing activity rather than the rude tumbles that litter the landscape. I'm definitely beginning to see early signs of a bottom in the overall market. Not quite enough to yell, "Buy Everything!" yet but as you'll notice at the front of the cabin...the "Short Everything" light has been turned off. Doug R