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


To: Garlic Breath who wrote (36983)9/16/2000 3:00:16 AM
From: Doug R  Respond to of 79383
 
Steve,

USNA:

Chartwise...eek. It's threatening to go seriously lower.

The thing about doing a proper chart analysis is, all the history is right in front of you. You don't necessarily have to watch a stock. All you have to do is know what the chart is saying at any given time.
Nobody can either watch or analyze every chart. That's why the scans here are extremely important. They narrow the field using combinations of technical activity that filter out charts that are "non-events" while filtering in charts that have a higher potential of significant upside volatility. Most, or maybe all, of the scans incorporate stuff from the seminars as well as other stuff that attendees have found on their own that are prerequisites to "heat".
The stuff I'm looking at on USNA doesn't fall into the activity or patterns that I use to suggest potential heat.
That's not to say that USNA doesn't absolutely have potential but in using what I'm familiar with, I don't see any.

Doug R