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

To: jpmac who wrote (1273)	11/20/1997 8:49:00 AM
From: Rambi	Read Replies (1) \| Respond to of 1391

REALLY OFFTOPIC!!!!! Should be offthread. Can't help it. Bottom fishing sounds so--d‚class‚, it conjures up inebriated male groping. I prefer to think of myself as -elegantly goldfishing-. Or if you're inclined to athletic pursuits-spearfishing-trying to catch those elusive little deepsea devils. This week, the market had a fishfry with my catch. I'm now in a fine kettle of fish. Sorry-stan-hard week. And this is no fish story. penni, certainly not fishing for compliments, and promises not to do this again. At least not often.

To: jpmac who wrote (1273)	11/20/1997 9:11:00 AM
From: stan s.	Read Replies (2) \| Respond to of 1391

ACTM, Hi jpmac... obviously the main damage was the drop from 50. geocities.com It's been basing but still in a downtrend (yellow line). The MACD buy in late October has signaled nothing...except perhaps a flattening of the price. The white line is support (12) dating back to summer of '96. The close yesterday was a Bullish Hammer...basically just a Long Lower Shadow in a downtrend....can signify a bottom. If I were familiar with the story and were looking for an entry, I would wait for a break and hold above this yellow line. That would probably automatically be attended by a cross of the dark yellow line over the dark blue...hard to see but both are just above the price. That would mark the cross of the 10 day volume adjusted MA over the 21 day. What a disjointed post...I need more coffee...this MUST be flickerful's fault. This poor stock never even got a dead cat bounce..so sad. Uh oh..with Penni's affinity for those critters...another fine phrase we can't use...wait and see. Of course I use the term critters with the deepest...affection. Yep, fer sure. Stan