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Strategies & Market Trends : The Rational Analyst -- Ignore unavailable to you. Want to Upgrade?

To: HeyRainier who wrote (163)	1/9/1998 3:17:00 AM
From: Chris	Read Replies (1) \| Respond to of 1720

[kodak] great stuff rainier. your post was orgranized very well... couple things to comment: 1) weekly looks bottoming, however, STRONG reistance at $65 as you noted in your post. bottoming meaning it will take a couple weeks... this is also highly dependent on the mkt (trade with the trend remember?) 2) daily: ovebought signals already seen since you are shorting.. i would watch to see if kodak can pierece the 9 day ema to the downside (62.41) if it does, then we will see a retest of the 50 day sma (60.2) i would ideally then close my trade at 60.2.. hope it helps..

To: HeyRainier who wrote (163)	1/9/1998 10:46:00 AM
From: Cornstock	Respond to of 1720

[TA-101] Thanks Rainier, for your thorough explanation on your rationale on EK in layman terms. It is especially helpful for those of us trying to learn charting strategies. I drew my lines before reading your explanation, and they were different (and wrong). Hopefully, you will have time to continue to give us TA rookies information like this from time to time. It is very helpful.

To: HeyRainier who wrote (163)	1/11/1998 9:02:00 PM
From: ftth	Read Replies (2) \| Respond to of 1720

[EK short]Hi Rainier, nice analysis on EK. I drew the trend channels on it without looking at your dates, so I exactly confirm your channel boundaries (FWIW). I draw them through highs and lows (some people use close on the same days) and arrive at a lower channel objective of about 52, or a 12 point swing, meaning cover around 55 or so. What was your exit strategy? Also, I agree that Fuji and restructuring effects are not likely to be important considerations between now and when it hits the lower bound of the channel (January 23rd sounds like a good day for a channel bashing). Good luck! dh