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

To: ivan solotaroff who wrote (38545)	2/16/2001 3:36:53 AM
From: Doug R	Read Replies (2) \| Respond to of 79531

Ivan, "This shite is going to end one of these days" Bear market recovery is already well into SOP. First we saw the compression lows start popping all over the place. Those moves led to jumps back over 50 dMAs. Then came the phase where stocks retested their upturned 50. We're just now seeing the meat of that phase. OPTK is sitting on that benchmark now. ENPT is challenging the 50. ZANY is hanging just under it with potential for that initial jump over it. The next phase is 2nd retest of the 50 as EGLS just exhibited and DAVX from the last week in Jan. After that it's Katie bar the door and snag the m12 hits. MIMBOs...hmmmm. There's still PKD which should start into the more impressive accelerations soon. There's CPTS which has pulled back near its previous Pegline...always a compelling area. There's also DATM in the latter period of target acquisition. And there's NSTK back at its previous Pegline as well. 2 C with H Bos are HYBD and SYMM. HYBD just retested its 50 dMA on 2/8 and has an interesting look to it since. As far as most charts go there's still alot of work to do MIMBO-wise. There are very few initial reference highs out there. And as you know, it takes at least 2 reference highs to get a MIM. There's stuff like DRMD that started down the right side of a MIM going into the utter nastiness late last Fall. DRMD held its ground and is trending back toward the MDTL which is somewhat above 13 now. DRMD was the "homework" assignment I gave to the Richmond semianr group. I'm happy to say they received passing grades by averaging down from under $5 as it made the final move to the bottom of the right side and held as it began the ascent from $3 to above their initial entry. It was quite a demonstration of the process of one of those things that stocks do and how to strategize around that particular process. I gotta congratulate them. Wow...speaking of retesting a newly upturned 50 dMA...KEI has put in a nominally harsh retest. And how 'bout that MANU on its 2nd retest. Yep...things are simmering out there alright. Doug R

To: ivan solotaroff who wrote (38545)	2/16/2001 3:59:11 AM
From: Doug R	Respond to of 79531

Ivan, again, Hmmmm...there's also GSLI doing the first retest of the 50 thing. eom Doug R

To: ivan solotaroff who wrote (38545)	2/19/2001 1:28:22 PM
From: Doug R	Read Replies (3) \| Respond to of 79531

Ivan, Checking notes of MIMBOs I find HOWT has most requirements. A bit of price bar interference on the MDTL at around $16 late in '92 so 16 could be a decent target for it instead of the ATH at 28. siliconinvestor.com I believe that's more like the intermediate-term % gain you're looking for. There's a Pegline at about 3 9/16 that should be useful in stalking it. Current uptrend support at 1 15/16 gives it alot of wiggle room though but a slide to that area would be a good, low-risk buy with very nice upside potential. Doug R