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


To: Warthog who wrote (38387)2/3/2001 5:38:21 PM
From: Doug R  Respond to of 79238
 
Wart,

Yes, it's been quite a while since the HA scan results have been looked at here.

AMSGA put in a nice white soldier candle series this week. When/if it goes into a compression after a pullback, make sure you have it on close watch.

Since HAers have the same tendency as compressions to go hard to the downside when they fail, it makes sense here to treat SLOT as a good potential short candidate for a probable 11 point drop...but only if it starts down on volume. Probably a gap down followed by an initial push up from the gap...then...crash.

TMCS looks like the one that's most ripe as a long candidate.

UCAR will probably go generally sideways from here for the next month or two but the initial weeks will offer a nice range for trading.

So........MTON finally hit the potential IL violator scan series eh? Hmmmm...that scan may need a tweak or two. We can discuss it in Arlington. Make sure you bring the code and your laptop.

Doug R



To: Warthog who wrote (38387)2/3/2001 6:17:46 PM
From: Doug R  Read Replies (1) | Respond to of 79238
 
Wart...again,

Also, as regards HA, take note that NSTK, attitudinal as well as a MIMBO, went into a period of HA through most of January followed by a jump into the current base. It's now threatening the next move.

Doug R