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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?

To: chowder who wrote (21278)	8/28/2004 12:44:02 PM
From: chowder	Respond to of 23153

Those of you who subscribe to Stockcharts will be able to see this. (My apologies to those of you who can't.) There is an indicator known as the Guppy Indicator. This indicator uses multiple moving averages to capture the interaction between the two most powerful forces in the market — traders and investors. By using a series of short and longer term moving averages, a strong buy signal is flashed when all of the moving averages converge on a single point and the price closes above that point. Here is an example of how the indicator is supposed to work: market-analyst.com With both long and short term investors motivated to buy at the same point, one can usually expect a bullish move. The DOW has just closed above the Guppy Indicator on the "weekly" chart and has a very supportive Stochastic to go along with it. stockcharts.com[h,a]waclyiay[pc3!c5!c8!c10!c12!c15!c30!c35!f][vc60][iut!Lh14,3]&pref=G dabum

To: chowder who wrote (21278)	8/29/2004 6:30:56 PM
From: James W. Riley	Respond to of 23153

Dabum, Thank you for your analysis on the technicals of the market. Your posts are always a good read and it appears Robert Hormats agrees with you. I will load the boat Monday with my favorite energy stocks, KCS, PXP,CRK, RRC, TGA, and TMR. "Uncertainty about the outcome of the Nov. 2 vote is only one of several big worries facing investors, said Robert Hormats, vice chairman of Goldman Sachs (International). But if Bush does well at the Republican National Convention, investors could react positively, he said. "I could see a little bit of a pop in the market," Hormats said. " [Most Wall Street executives would prefer to see Bush win, some analysts say. They cite his promise to try to persuade Congress to approve permanent tax cuts on dividend income and capital gains, which is seen as promoting investment. Bush also is viewed by some as good for certain sectors, such as traditional energy companies and health-care companies. Kerry would be beneficial for alternative energy companies, said Andy Laperriere, managing director at ISI Group Inc., a Wall Street brokerage and research firm. "Sector by sector, there are a lot more winners if Bush wins and a lot more losers if Kerry wins," he said. ] "http://story.news.yahoo.com/news?tmpl=story&cid=568&ncid=749&e=2&u=/nm/20040828/bs_nm/column_stocks_week_dc"