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To: 16yearcycle who wrote (79565)9/6/2000 8:59:04 PM
From: Cooters  Read Replies (1) | Respond to of 152472
 
Gene,

I think the basics were present; heavy volume, relative strength(for sure), a pop through the 50DMA and a close above it, and some carry-through in afterhours, even if you don't believe in that part. Tomorrow tells the story, IMHO.

Cooters

PS - Might have to come up with another version of IMO, like IMHOBCBAA - Busted Crystal Ball And All <gg>



To: 16yearcycle who wrote (79565)9/7/2000 2:02:40 AM
From: waverider  Respond to of 152472
 
FWIW, most traders I know used the EMA, not the simple moving average. So we aren't there yet. Also the charts on SI are often out of whack.

Rick