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Non-Tech : Littlefield Corporation (LTFD) -- Ignore unavailable to you. Want to Upgrade?


To: JakeSki who wrote (5938)12/23/1997 5:16:00 PM
From: SE  Respond to of 10368
 
I am an amateur follower of TA. I believe much more strongly in it now having missed three sell signals in the $9 range before the fiasco.

I believe the slow stochastic from the BIGCHART site has given a very strong bullish divergence. I haven't checked in a couple of days, but many of the other indicators were following the same basic trend. That is to say the stock price headed lower and made lower lows, but the indicator made higher lows. According to Elder, this is a strong buy signal. I hope he is correct, or at least that my interpretation of him is correct.

GO PACK GO!

-Scott



To: JakeSki who wrote (5938)12/23/1997 7:58:00 PM
From: Market Tracker  Respond to of 10368
 
George, - I dabble in TA, but FA is my bread and butter. A quick look shows we closed above our 10 and 200 dma ~ 5 1/2. The relative strength index and MACD, ,<=== a real good spec. stock symbol by the way), have all turned to the upside. Bear in mind that all TA #'s reflect the price action of BNGOW on BNGO price, an event not reflected in today's, and yesterday's prices. We should have some overhead resistance at the 6 3/4 - 7 area, but first we have to get there in order to test it. In the 22 trading days of the warrant call, BNGO fell 14, and rose 8. Since the warrant call, we are 2 for 2. Until we get an "event", I'd say we might find a home around 6 to 6 1/2. We will need an event to get us through the overhead ~7 though.

<OT> Here's a Christmas present to the thread, for traders only, check out the very-thinly traded shares of MACD (MacDermid). For those who can afford it, it should prove to be one of your better longer-term (1-3 yrs) plays in the market. Looking for 100 - 300%
total return. Lots and lots of, if not every employee owns stock, and someday they might want to go the entire ESOP route, and call in all the remaining outside stock, <==(just a guess<g>). In any event, the company boasts healthy financials, and is presently down from 102. Solid.

Happy Holidays To All, - Safe and Sane, and Have A Blast!
Gary^3