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To: The Freep who wrote (89537)1/17/2004 2:57:01 PM
From: marginmike  Respond to of 209892
 
great looking chart IMHO



To: The Freep who wrote (89537)1/17/2004 3:33:14 PM
From: Henry J Costanzo  Respond to of 209892
 
.....Assuming I am free to weigh in on this one......g

Daily certainly looks in bad shape......Reverse "golden crosses" - whatever those are called - in the MAs, and I can't see those positive divergences you note......BUT....looking on the brighter side....as I am often wont to do.....should have piles of support 30-35....and the weekly chart looks much better.....maybe even a "cup and handle" thing, with the handle beckoning....and....high short interest IMHO needs to be taken seriously..

OT....PS......Not usually around on weekends....grandkids' hockey games and such............but in deep hibernation here......Heat wave in progress.....all the way back to 23 ....and little snow this AM...... but heavy winds have piled up drifts 2-3 feet high across my driveway, and no plow in sight until - hopefully - Monday....



To: The Freep who wrote (89537)1/17/2004 4:26:56 PM
From: skinowski  Respond to of 209892
 
Beautiful chart, Freep. Yes, I am a bear, but I am also an honest man - and as such, I must say the chart looks good... KKD had a great run since February, and retraced 62% in 3 waves, imo a Flat, with an ED at the end. Yeah, I'll probably be interested in a few when it's ready to move. I would watch out - lest the "C" becomes a "3" (so that you don't think that I grew horns -g).

(Will need to think some more about your larger question)



To: The Freep who wrote (89537)1/17/2004 4:37:17 PM
From: bcrafty  Respond to of 209892
 
Freep, On KKD while it looks pretty oversold
the only thing I see that stands out is the gap around 32 from late May which maybe it "wants" to fill.

Otherwise I'd watch the single line MACD for an upward break in its down trendline and then buy a couple dozen.



To: The Freep who wrote (89537)1/17/2004 9:13:50 PM
From: ajtj99  Respond to of 209892
 
Great find on KKD, Freep. Huge risk/reward ratio in favor of a long with a logical stop at 32. Notice the volume on the monthly has decreased on the drop, a clue that it could be corrective in nature.



To: The Freep who wrote (89537)1/17/2004 10:31:21 PM
From: Clappy  Respond to of 209892
 
RE: KKD

I may be the only one here, but I don't like the chart.
It just keeps finding new lows.

Until it finds a few higher highs I think I'd be afraid to
touch it.

I think I'd rather see it pull up to one of your colorful
moving averages and buy puts on it.

Has it even finished wave 3 off the top?

The bolingerbands are getting rather tight. Not much
volatility. Prime time to get some cheap puts or calls
depending on your bet.

Other than a potential bounce off this 35 support level,
there's not much I like.

Especially seeing such weakness during this market wide
bull run.

I'm bullish on their donuts, though.
It's only 9:30 at night and you already got me thinking breakfast.



To: The Freep who wrote (89537)1/18/2004 9:26:39 AM
From: Clappy  Read Replies (2) | Respond to of 209892
 
Freep,

It's Sunday which means I have time to tool around with charts.
(That is until the kids find me.)

My KKD chart:

share.esignal.com

Now, I'm heading out for coffee and to buy a dozen...



To: The Freep who wrote (89537)1/19/2004 11:01:18 AM
From: Shack  Read Replies (3) | Respond to of 209892
 
I'm a big fan of that KKD chart as well. If that thing on the end is an ED then it should break up hard shortly which would be a good clue that the read is right (I can make a good case that it still has about $1 lower to move first).