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To: TFF who wrote (1223)11/28/1997 12:15:00 PM
From: TheInvestor  Read Replies (1) | Respond to of 12617
 
To all:

Please check out this stock.

QUST: The Chart

On Wed. QUST made a small but very significant move. The price
broke out of all short-term downtrends to indicate that a move to new
highs is probable. After a one year fun from 1/2 to 10, a quick base here
has a good inverted head and shoulders formation with a relatively steep
downtrending neckline. Downtrending necklines are more easily broken
to the upside and as the line is approached, a strengthening technical
profile would be very positive.

The Technicals

The stochastics momentum indicator is intermediate bullish with a
breakout occurring in the short-term SMI.

The 89 day MA/MLR is not a factor here so in order to assess a
break-out from a short-term pattern as a sign of continuation I use
short-term MA/MLR periods. The 8 day period is just now
accomplishing a positive crossover. At every other time QUST made a
continuation, this indicator crossed upward and the stock rallied for
30+%.

The 3 day Bollinger Bands began to open up after being compressed
early in the week. The stock is starting a move up so this is supportive
of expectations that the price will maintain at higher levels at least into
the short-term that the 3 day BB's project to.

The 377 day CCI is above +100 which suggests that QUST is also a
candidate for continuation into the intermediateterm time frame although
I would remain cautious considering the magnitude of advance over the
previous year. The 3 day CCI just crossed +100 on Wed. which it has
done frequently upon every continuation of the price. The 55 and 34
day CCI's are likely moving over +100 today.

Accumulation/distribution broke out of a long-term (5 yr.) downtrend in
Oct. and has continued trending up as the stock has based out for the
last month and a half. Accumulation distribution exhibits a solid uptrend.
Positive/negative volume is also favorable.

The long term RSI (233 day) has been above 50 and is slowly trending
up for the entire year of QUST's move. Short and intermediate-term
RSI's are all supportive of continuation.

The 89, 3, 5 stochastics have produced a knee here at a value of 70.
Knees in stochastics are very positive events. This is also a value where
stochastics start to show strength in price. There is plenty of room to go
higher before over-bought levels are reached which would occur if the stock moved well past 12. Other periods of stochastics show that a
significant move is highly likely at this time.

The technical profile of QUST indicates that continuation to new highs is probable with a significant and rapid advance likely.

Buy at your OWN disgression. This report by DIS is just a place to
begin DD in consideration of this stock. We do not make buy or sell
recommendations and this report should not be so construed.

Regards,
Ben



To: TFF who wrote (1223)11/28/1997 12:30:00 PM
From: Paul Senior  Respond to of 12617
 
quiz #1: #3 An investor would check it out always before checking out.
No investor would use stop loss to limit loss, only to to protect profit. If stock drops after purchase, investor will BUY more (maybe), even if he/she FEELS LIKE running for the hills. (Def. of investor per Ben Graham).
Investors plant seeds. Therefore technical analyses often look lousy. Investing in Diversified Portfolio would be on Fundamental Analysis.
Paul Senior



To: TFF who wrote (1223)11/28/1997 12:52:00 PM
From: Harry Ehrlich  Respond to of 12617
 
answers to 1.1: 1,2,2 usually, and 2,2,2 time permitting.

Harry



To: TFF who wrote (1223)11/28/1997 2:51:00 PM
From: TFF  Read Replies (2) | Respond to of 12617
 
ALL: Here's another FEE BASED day trading site:

mtrader.com

If you want to learn about daytrading it might have some value.

But REMEMBER!......if it sounds too good to be true it is!

Why would someone charge you for their picks?..if that person was so good wouldn't they be rich??...why do they need your money??

Any really good traders I know are either too busy making money trading. or are managing very large hedge funds.

THINK about it!