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Strategies & Market Trends : CHARTS AND TA, A UNIQUE APPROACH -- Ignore unavailable to you. Want to Upgrade?


To: stan s. who wrote (1169)11/4/1997 2:18:00 AM
From: flickerful  Read Replies (2) | Respond to of 1391
 
IDTI...

always a darling of traders, stan, who simply
took the escalator up and down from 10-15 and back
over and over again. i am not sure i see the wildness,
nor how it has a price all over the map with such a
truly narrow trading range...

it is poised stan; the first significant sign that
any one of the new products is making money will give
it an excuse to breakout. trading on friday, as well as
today, enjoyed high volume and healthy block trades.
also, it was the first time in a while that we closed
on a high: no wonder the chart is cacaphonous.

and,i did love that gap up in the morning. i am looking
forward to another one tomorrow...we'll see.

CYMI...

i think the tide is turning. this chart is a welcome
change, huh? gaawd, it better be anyway.

BROD...

it is good for another 5 or 6 points before you
want to head for the nearest exit...and then wait,
again. maybe i would feel safe until 37. after that,
it will get dicey with no fundamental support. not to say
that it won't reach 40; i just don't think i would
want to go there.

ps

i mean compliment...smile.



To: stan s. who wrote (1169)11/4/1997 2:58:00 PM
From: D. K. G.  Read Replies (2) | Respond to of 1391
 
Stan, RE CYMI recent low and MACD not making a new low...
What's the significance ? a bullish divergence?

Source:
investools.com

Thanks for your help,

Denis