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


To: flickerful who wrote (1277)11/20/1997 10:31:00 PM
From: stan s.  Respond to of 1391
 
IDTI, flickerful, in line with your earlier intimations. Trading below all the
major MA's. Has been unable to break this down trendline (yellow). Obviously
if it doesn't break it...it has no choice but to continue down. Closed below
support yesterday and right at what had been support, today.

geocities.com

One of the difficulties in charting IDTI is the relatively ineffective action of the
indicators. Not much happens. It is oversold on some indicators now ...
if it can hold... perhaps an upward move in the offing.

It is being squeezed into a corner....break over the down trendline...or fall below
support. Kind of a sloppy descending triangle.

I show volume as 50% above average..

flickerful...I tell everyone your habits are above reproach..surely they ALL believe me by now..(:o)

Stan



To: flickerful who wrote (1277)11/20/1997 11:07:00 PM
From: stan s.  Read Replies (2) | Respond to of 1391
 
BROD, no surprise here...with every volume spike comes an up close.

geocities.com