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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 (1195)	11/8/1997 11:28:00 AM
From: stan s.	Respond to of 1391

BROD, here's a chart. You can see it broke above a downtrend line on Monday. Picked up a pretty solid MACD buy midweek (you can see how reliable it was with the late August buy signal and the early October sell signal). Blue vertical lines. On a less positive note were the 3 sell signals by the momentum indicators on Friday's drop. Remember however these signals are more erratic...they are worthy of note because they can be a first alert....but as you can see their signals in early September were a false alarm not backed up by the MACD. Still trading nicely above it's 200 day MA...it picked up a lagging SAP buy signal (dot under price) on Thursday. Volume remains moderate although it appears accumulation is progressing on higher volume days...top box..white line..Chaikin. This is a Riven story all the way...check BROD thread for anecdotal evidence of sales...I bought a couple.. geocities.com

To: stan s. who wrote (1195)	11/8/1997 11:29:00 AM
From: Magnifique	Read Replies (2) \| Respond to of 1391

Stan ,I am experienced trader stocks ,as well as options for many years and implement technical analysis,aggresively,whenever, I decide to play split........ agree poor stock usually fade after split, but technically/ fundamentally healthy, after initial profittaking, resume upward push.... CPWR pulling back on below average volume ,I do not see deterioration of the chart ,we are close to support, please confirm ..Is that what you see???? or we are on different pages....BTW if you really want to have a winner,s with outstanding charts look at VRC ,also just announced split and FGII, you can,t miss with either one...Good luck Magnifique