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Strategies & Market Trends : Strictly Buy and Sell Set Ups -- Ignore unavailable to you. Want to Upgrade?

To: tom pope who wrote (268)	11/5/2004 11:06:20 AM
From: jim_p	Read Replies (1) \| Respond to of 13449

Nycor is a LDC, not an IPP. The utility index is down today due to interest rates.

To: tom pope who wrote (268)	11/5/2004 6:50:58 PM
From: chowder	Read Replies (1) \| Respond to of 13449

Tom, There are a couple of things I like about DYN from a technical indicator point of view. In the accompanying chart, you will notice the candlesticks are in yellow and green. These candlesticks are reflecting an indicator called Balance Of Power, if you aren't familiar with it. Balance Of Power shows up in green when there is systematic buying going on, yellow when neutral and red when systematic selling is going on. They aren't trigger indicators that tell you when to buy or sell. They merely provide a look at the quality of the underlying price movement. What I like about this pattern of green BOP is that the systematic buying didn't show up until we had a long basing period of neutral readings. My read on the indicator is that investors are gaining confidence in DYN. The middle window shows an indicator called Time Segmented Volume, TSV for short. TSV is set for a 31 period. This is a longer term view and is bullish when TSV is above the zero line and above the 20 day moving average which I have applied to the indicator. The lower window is an indicator called Money Stream, MS for short. It too is bullish when above the zero line and above a rising 20 day moving average. The longer term view of DYN is gathering momentum. It may take more than a few days to shake out, like CPN did. However, in the event it doesn't, we should allow our stops to take us out. ttrader.com dabum