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

To: TheInvestor who wrote (10482)	1/14/1998 3:06:00 AM
From: Doug R	Read Replies (1) \| Respond to of 79279

TI, The 13, 8, 8 stochastics is just starting a negative crossover which is not a good thing. The 89, 3, 5 stochastics are very weak but show a slight possibility of a small bump up. The volume is currently too low and the move on Tuesday seems to have been decisively stopped by the current short-term downtrend and the series of downtrending tops is still in place. I can find no convergent indicators since just before the moves up that started on 11/14 and 12/19. It looks to me like a small increase or sideways movement is due and another mini-leg down after that. Doug R