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To: Instock who wrote (355)	1/3/1998 5:46:00 PM
From: Feraldo	Respond to of 1488

IN, I agree. DRMD should visit at least five if not four. Whether there is another day to the run is to be seen. Check the past three runs. They were short, but VERY sweet. They might have topped. I, though, am not a 100% right, so there is a margin of error, I suppose, but it does look topped. So much volume, and so little advance. All the buying could not push it any higher. As we see in the last three runs, this is the end. I however, am one of those that is right 80% of the times. But it's those 20% that hurt. I might have 8 gainers for 20-30% or more, then two for a loss of 30-40% or more. That erases most or all of the gain, and sometimes puts into the loss. Feraldo

To: Instock who wrote (355)	1/4/1998 11:15:00 AM
From: Dave H	Read Replies (1) \| Respond to of 1488

In, nice bit of TA there! ;) -dave

To: Instock who wrote (355)	1/4/1998 11:35:00 AM
From: Dave H	Read Replies (1) \| Respond to of 1488

DRMD RSI... In, note the 3-day RSI is setting up a "hinge" which is usually an indicator for a reversal. I'm using 3 day here since it should be more sensitive to the last three day's movement. More from DeMark -- overbought/oversold absolute levels are much less important than watching the reversal from overbought/oversold. A stock in overbought levels can remain there for quite some time, especially off-the-chart levels which indicate that there's a herd mentalitity moving in or out. The important thing to look for is when the indicator drops back below the overbought/oversold level. For RSI, as an example, if you use 70 as overbought, watch for the indicator to cross back below 70 and that's the indication that the trend is reversing. However, DeMark warns that if the indicator goes "off the chart" (ie to 100) for more than a day, you have to treat this situation with caution and crossing back below 70 might not signify the reversal...you'd need another more moderate high above 70 first before expecting a true reversal. DRMD so far hasn't hit the "through-the-roof" levels on overbought, which implies a reversal could take place as long as we don't have another buying surge first.. -dave