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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?

To: Dave H who wrote (9909)	1/2/1998 10:11:00 AM
From: Esteban	Read Replies (1) \| Respond to of 79195

Good morning Dave, BBSI doesn't quite qualify as a PGDCEB candidate. The gap was < 30% on 10/21 but close enough. However it closed only 22% down for the day so it's not on the list. Personally, I don't like the low volume issues as much for this play. I really wan't to hear the cat scream when it's ready. Thanks for bringing it to my attention though, and if you stumble on some more, I want to know. I have been monitoring the losers list everyday since early Dec., so it's unlikely I've missed many recent gappers. Esteban

To: Dave H who wrote (9909)	1/2/1998 10:51:00 AM
From: ivan solotaroff	Respond to of 79195

Dave: Happy New Year. Looks to me like BBSI gapped less than 22%. That's stretching the rules pretty thin. Ivan

To: Dave H who wrote (9909)	1/2/1998 10:52:00 AM
From: Esteban	Read Replies (1) \| Respond to of 79195

Dave, As a case study, OXHP has now developed what I would consider to be a valid post signal intraday trendline. My line goes from near the signal low on 12/29 through 15 1/2 near the end of day 12/31. Horizontal violation of this line should not be ignored, IMO. A line drawn from the daily bar chart yields about the same slope. Either of these two lines protect profit very effectively, and at least so far are leaving room for the bounce to continue. Esteban