SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?


To: Carolyn S. who wrote (9660)12/27/1997 10:58:00 AM
From: Doug R  Read Replies (2) | Respond to of 79284
 
Thanks Carolyn,

AOL uses Prophet Information Services for their quotes. It shows 7/8 as the low. That really messes up a TA. That system must go through a different information channel than Quotes Plus. I also have a low of 5/8 on 9/20 which looks suspicious but since it's not as recent, it is less disruptive. I'll be looking at the corrected RLLY chart a bit later today.

Here's my current list of possible movers for the week (from the A's and a few B's: AABC (trades thinly), AAV, ADMG, AKRN (a high flag but not too tight, currently testing short-term downtrending resistance), ALI (over 20), AMHC (trades thinly), AMPI (trades thinly), AMVC, AMZN (over 50), ANCO (normally trades in a wide monthly range), ANLG (a MIM attempting the BO), APCO (of course), ARTS (may run into some "gap trouble"), ASGN (over 20), ASHW (cup with handle, might run the handle for a while though), BEAM (just completed a sequential), BEAS (may dip a bit before it runs), BELM (just completed a sequential), BEV (recently broke out of a 4 yr. base), BOBJY (sitting right on an apex), FAXX (a high, generally tight flag awaiting breakout), ROMT (on volume watch).
If any of these start moving on good volume on any morning this week, I would expect a very significant move.

Doug R



To: Carolyn S. who wrote (9660)12/28/1997 6:26:00 PM
From: Doug R  Respond to of 79284
 
Carolyn,

Whew! Finally got to RLLY. It just might end up doing what I thought it would in the beginning. It got ridiculously oversold and should at least be able to fight its way back to 3 1/2 to 4. It's still pretty weak in the long-term stuff so it could get knocked around again. If it does pull back from where it is now, that would likely set up a very favorable technical condition.

Doug R