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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Chris who wrote (4672)1/8/1998 10:09:00 PM
From: Jan Robert Wolansky  Respond to of 42787
 
Chris, take a look at the lombard intraday chart. Nice big trades during the day at prices above 14, and then all of a sudden during the last 30 minutes, the price plummets on very small trades-- 100 to 500 shares. I may be wrong, but it smells of manipulation, to try to scare out people in the morning. I look at all the daily indicators, and they are straight up. I mentionned Stoch 13,8,8 and Stoch 10,5,5. Put them on the same chart as Stoch 21,13,13, which has bottomed out and is just starting to turn up. Yes StochRSI 8/5 is high, but it is starting to have that nice curve to the right that sometimes is sustainable for a number of days. I bought at 12 5/16 on 12/31--I think I may hang around for a bit. Let's see what happens.

Jan