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To: t4texas who wrote (26109)10/3/2003 6:46:55 PM
From: Frank Pembleton  Read Replies (1) | Respond to of 206325
 
Hi T4 ... agreed on the trend lines, the OSX is finally trading above the 50-day MA (again). Of course this would be a lot better with a rising ADX (which it's not) so I can understand your muted enthusiasm. I too will increase my weight towards this sector as the trend establishes itself.

Anyway, nice talking to you again.

Regards,
Frank P.



To: t4texas who wrote (26109)10/6/2003 12:53:12 AM
From: t4texas  Read Replies (1) | Respond to of 206325
 
upon further review the rdc breakout may have stopped just short. won't know until monday or tuesday (i suppose). i drew my upper trendline months ago through the june top (blue). however i drew it just below the breakout, because the june break failed the next day. now when i reviewed this chart, i see that if the green line comprehends the june high then friday's rdc move is right below that trend (how does a stock know to do that!). there are lots of other tech indicators that look good for rdc, but i would just say, be careful out there. i see there are lots of bulls over on the yahoo rdc board.

stockcharts.com[r,a]dacanyay[dd][pc50!c200!c20][vc60][iUb14][J17507887,Y]&pref=G