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To: Doppler who wrote (9063)8/30/2000 2:55:09 PM
From: Tulvio Durand  Read Replies (4) | Respond to of 9427
 
Sometimes PnF gives totally wrong indication. Take, for example, SSPI. It broke both Quintuple Top and the BRL in June. One could have gotten near 50% haircut if bought on this supra bullish signal. Ouch!

Tulvio


Spectrum Signal Process [SSPI]

5.0 O X O X O X O X --* O --O X O X --------* --------------------------------5.0
4.75 O X O X O X O X * O X O X O * * X 4.75
4.50 O X O --O X O * --------O --O X O X --X --X * X * X O --------------------4.50
4.25 O O * * O X O X O X O X O X O X O X 4.25
4.00 --------* ------------------O X O X O X O 5 O X O X O X --X O ------------4.00
3.75 * O X O X O O X O X O X O X O X O 3.75
3.50 ----* ----------------------O X O X ----O X O X O --7 X O X O -------- Med3.50
3.25 * O X O X O O 6 O X O * O 3.25
3.00 * --------------------------O --O ----------O X ----O * * --O ------------3.00
2.75 O X * * 8 2.75
2.50 --------------------------------------------O X * ------------------------2.50
2.25 O * 2.25
2.00 --------------------------------------------* -----



To: Doppler who wrote (9063)8/30/2000 3:51:25 PM
From: STYK  Respond to of 9427
 
Thanks Dude,
ORCL is a little high taking into account stop loss considerations. Prefer buying closer to the 50dMA. Not to mention the market. Two more softwares that look pretty good are MERQ and ITWO.

Thanks,
S