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


To: Doug R who wrote (9969)1/3/1998 6:20:00 PM
From: Ocote  Respond to of 79268
 
Doug R--

Glad you're back!

Thought it was time to take a look at the Dow again as we approach 8000. Here's what I see:
Either a triple top(bear), or inverted head and shoulders(bull!): I favor the later.
I see the IHS in the RSI 13 as well. I see the medium term SMI's did not break their uptrending lows in the recent low and the short term SMI's show a breakout from an downtrend.
The Stoch 13,8,8 is turning up from a bottom.

I don't learn if I don't stick my neck out. Let us know your thoughts once you emerge from a TA frenzy. Hey, Investor Insight site is busy--it must be you! <gg>

Ocote

I'll throw in a watch list while I'm at it:

DGSN
NCDI
ISER
FAIL
NBTY
ADK
NPIX



To: Doug R who wrote (9969)1/11/1998 7:13:00 PM
From: coaster  Respond to of 79268
 
doug,didn't realise you had responded to me back on the 3rd, yes I like ADGE too, along with GTAX and of course RECY and you had called the drop in PSCX right on the money,I've eased up on some of my holdings because of the ugly market. IMO if the nasdaq doesn't go back over its 200 dma monday it could get uglier, due to my lack of experiance i'll be mostly watching and studying and looking for stocks that may be getting toppy,maybe shorting one or two.

AMVC,ADK and some of the other mim's are holding up well tho

Gary