To: Doug R who wrote (333 ) 11/16/1997 1:09:00 PM From: freelyhovering Read Replies (2) | Respond to of 492
Doug--I was in the middle of my research on the POW stocks when I saw your post. Then I had to get more serious about it. I am really getting enamored by the long term charts and hopping back and forth between time periods is engrossing. And, I don't even have Parity set up yet. I think when I do, my wife and son will put out a bounty on your head and shoulders.<gg> I can see how you get caught up in your research and forget to buy the stocks. OK--here is my results. ( In general, I found many more positive charts, intermediate and long term then I thought I would.) CADE--Long term the chart looks terrific. It has broken out of its channel and from what you have said, it needs a new one drawn. I will need intstruction from you on how to do that. My best untrained estimate is that the top of the current channel is at about 4 and the bottom at 1.5. Short term TSV is resting just under zero(the buy line) and the 13 day ema is perching on top of the 40 day, with the 5 day below both of them. So on this indicator alone, we are at a critical juncture. I have seen some stocks bounce from here. I am considering buying some more based on DIS assessment. HURCO--Stock has mixed TA's. Short term BOP looks weak though MONEYSTREAM is neutral +. The 5/13/40 day ema has held on to its bullish configuration and the 5 day maybe ready to separate from the 13 day to the upside. TSV's are neutral + and the 5 day TSV is above both the 12 and 18 day settings on TC2000. The 1 day chart is showing a sideways action keeping us guessing as to the next direction. ARX-- Improved TSV with a 5 day buy on Fri.. BOP is wonderful and MoneyStream is strong intermediate and long term. Stock bounced off the bottom of its channel at the end of the week. AAON--Short term indicators are neutral/negative. The monthly chart is showing a reverse H&S and with symmetry, the stock could be at 17+ by mid '98. FONR--*&**&^^%*&&^^%t*&(*&(-- 12 month cup on weekly chart and a handle forming. A short term sell on ema indicators and could come down to the bottom of its short term channel to 3.00 UTDL(for the love of Sergio)--Hey, is dis an ascending triangle? Waiting to hear from Doug and James S.. BOP improved on Friday. MoneyStream is slightly positive, and BOP and OBV are ok. SEEQ--BOP is unbelievable and MoneyStream is very powerfull.. TSV is short term weak, and 5 day ema crossed below the 13 day on Fri., but both are solidly above the 40 day ema. I guess it could inch a little lower or trade sideways for awhile. But I see this as one of the best of the POW's and may buy more.(This is not a recommendation) More to follow--Myron