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To: John Harton who wrote (8445)5/29/2000 11:35:00 PM
From: Berney  Respond to of 11051
 
Thanks for your efforts John!

I maintain a lot of FA data, of which you only saw a small portion. However, since all of my trades are short-term, I tend to do it for the academic exercise. In fact, it often gets in the way of a good trade when I don't like the FA.

Some of my notes to self:

BAMBI is sitting at 22 Bullish and 41 Bearish. To me this is not the sign of a bottom or a top; just the continuing meandering with a negative bias. 7 of the 8 drugs are bullish, 4/5 consumer staples, 2/2 energy, and, interestingly, 5/11 financials.

That said, $DRG had a Doji on the weekly, and a break below 385 would not be good. I personally feel that it has 6-10% to go, but that is talking to the chart.

$SOX is sitting on top of the weekly UTL (up trend line). A break below here would be serious.

I think that TM relayed my feelings on the SnP very well. I feel strongly that we'll get a short term pop to the upside, but where it turns is going to be more important than the pop.

As to some specific stocks:

AA-Sure looks to me like it broke a H&S at 62 with a projection to $33 (that would be a big ouch).
BA-TC (trading channel) projects to $44.
BAC-It could be a "W" BO (break out) with lower PP (pivot point) at $54.
C-I feel more comfortable with PP's at $58 and $62.
CAT-SDTL (strong down trend line) at ~$40 3/8.
CHV-SR (strong resistance) ~$95.
CMB-**Key to Financials** SDTL ~$72 3/4.
CPQ-SDTL ~$28 3/8.
CSCO-SDTL ~$58 3/4.
GM-Decent HS (horizontal support) at ~$70.
HD-HS ~$44.
INTC-Weekly Doji and DTL ~$122.
KO-Created lower PP ~$48.
LU-Definite lower PP ~$52.
MCD-Above $40 could explode upwards.
MSFT-Monthly LTL from 1989 is ~$58.
MWD-PP's $60 & $71.
PEP-Possible "W" BO.
PFE-Puppy should top ~$50.
S-TL & HS ~$35.
SBC-PP's ~$42 & $46/7.
WCOM-TC ~$36 to $44.

Just a few of my observations from the 18th floor. BWDIK!

TB



To: John Harton who wrote (8445)5/30/2000 11:04:00 AM
From: smolejv@gmx.net  Read Replies (1) | Respond to of 11051
 
OK.

So what are you gonna do, John?

Or are you just ... making a private census of the girls;)? And if yes, why this bunch? etc.

What I want to say: the data per se (and we saw a lot of them lately) have a reason to a goal, which is a buy/sell/hold etc decision. All the rest is you know what. But as I already quoted once from Hair:"Masturbation can be fun". But again, it takes a decision to step up to the plate and swing - your facial features may get disturbed in the ensuing ... er ... process -.