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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?


To: Doug R who wrote (7608)11/13/1997 3:26:00 PM
From: ivan solotaroff  Respond to of 79384
 
"PGDCEBS are actually very easy to play if you draw the trendline as a sell signal."

Doug:

I'm beginning to see that (thanks for the CSDS dates: check, check, and check); still, it takes b@))s to bottom fish the small caps when the the Weatherman of Annapolis is calling for a $#itstorm in the Dow.

Ivan



To: Doug R who wrote (7608)11/14/1997 1:20:00 AM
From: LGC  Respond to of 79384
 
Doug It looks like three (maybe four) PGDCEB's out there now -
Do you think these qualify:
NUKO gapped on Oct. 11 less than 30% but did a 30% on 11/14 on good volume. Looks like a PGDCEB to me, but wonder if it needs more time to verify it.

BIME had approx 20% gap Oct. 13, then a slow decline but seems to have hit bottom today on huge volume today followed by a slight rise.

BICO another slow decline, without gap, but huge volume today at bottom followed by slight rise. (Caution to all: Would hate to be holding this one if it stops trading though.)

CAWS looked alot like one to me recently, but the volume isn't clearly there I think.
Oh, and I am following a possible MIM working itself out on HYBD, will follow up on that one.
Am I close to being on the right track? Oh yes, if these are DCEB's is this an unusual number at one time? Could that signify anthing?
Thanks, Louis.