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


To: ivan solotaroff who wrote (10581)1/15/1998 11:39:00 AM
From: Dave H  Read Replies (5) | Respond to of 79281
 
Ivan,
Yes, I got out of RECY yesterday. You are right, it IS still in a downtrend. But, the technical picture seems to be improving, and that's why I feel it prudent to be on the sidelines at this point.

ABTX is putting up a good fight at 18. RADAF better start moving soon or it will break the ACT horizontally.

Yep, still looking for a good cat to ride; I need a trophy on my wall too, you know! ;)

I'll have to take a look at ESOL.

I've been working with DeMark's sequential lately, and I've been finding a lot more potential sell sequentials than buys.
MRK just completed a sell sequential, and GE is not too far from completing one too. Even recent favorites GTAX and AMZN are on my sell sequential watch. hmmmm.

-dave