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

To: Rambi who wrote (1238)	11/16/1997 7:59:00 PM
From: stan s.	Respond to of 1391

HELE, hi Penni. This has had a nasty downturn on no apparent news, although I noticed the ratings at Zacks had dropped to 2.0 from 1.3. geocities.com The fact that the qtr ended at the end of November is disconcerting as well. I would keep an eye on their sector, companies they do business with etc. As far as the chart goes HELE is trading at support dating to mid summer. It's dropped below it's 50 and 90 day MA's with too much ease..but is still above the 200 day MA. One further note of concern was the giving back of much of it's Friday gain. There are some positive signs. Support is holding thus far. It just generated a rare (for it) 14 day RSI buy signal. The last one was in the summer of '96. It is very close to a number of the more volatile momentum buy signals as well. CCI, Stoch. and Williams %R. This stock so rarely gets this oversold......it'll be interesting to see if it gets a strong bounce.. I look forward to reading your piece...I'm sure I'll enjoy it...and no I don't recall ever being there.......did you play in the snow? I'll check RMBS as time permits. Good luck, Stan