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


To: John_W who wrote (7739)11/16/1997 6:51:00 PM
From: freelyhovering  Respond to of 79469
 
Blaming it on me again, are you John? We'll I'm passing the blame to Instock, who I was teasing about his cliche'. But I think I hurt his fellings. He hasn't talked to me since. <gg> Myron



To: John_W who wrote (7739)11/16/1997 11:12:00 PM
From: scott ma  Respond to of 79469
 
John: I know you was questioning oversold of RLLY. Just because your post is the last one I read at that time, I simply pressed the Respond key. Please note that I didn't put your name on my post.

I purcahsed RADAF at $7, $11, and $12, before this market correction. I didn't know 56's until a POW of 56's is RADAF. Then several persons on this thread made huge noise on the RADAF board. I just want to understand how Doug's technique can find such a good stock, RADAF. Unfortunately, I still have no clue. That is why I still follow this thread.

As RLLY, one more point I would like to contribute to this board is the rank of accumulatin to distribution of RLLY is still A (the best), see Monday IBD. That means institution share holders don't want dump this stock at this moment even the stock plunge about 30% from its recent high. This is a very good indicator. People don't want to sell a stock. How come it indicated oversold? :=)

Hope this helps.