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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 (10629)1/15/1998 4:04:00 PM
From: Dave H  Read Replies (1) | Respond to of 79296
 
Doug,
RADAF -- last trade was 5k at the bid (I think at around 3:55pm)

Tomorrow will probably be decision day.

-dave



To: Doug R who wrote (10629)1/15/1998 9:36:00 PM
From: Ocote  Respond to of 79296
 
Doug--

Emergency volume watch: MWAR(courtesy of Dave H.), BGN

Gap throug 20: MHO (4 year cup breakout)

Gap through 40: ETH

IL violation? ASHW

Ocote



To: Doug R who wrote (10629)1/16/1998 6:49:00 AM
From: Ocote  Read Replies (1) | Respond to of 79296
 
Doug R

Could you comment on the inverted head and shoulders bottoming activity in ASND?

Also, having trouble constructing IL on ASHW--some of the peaks and lows are poorly defined. Could you let me know your opinion on this?
Thanks

Ocote



To: Doug R who wrote (10629)1/16/1998 9:33:00 AM
From: ivan solotaroff  Respond to of 79296
 
DANKY

Doug,

In the case of DANKY, I'm tempted to speculate that the gap day was itself the signal day: Much higher than the previous three days' volume, a new low, a close just a few ticks off the low ...
Nah. The pig's going down.
Got FAXX in my sights, though I'm listing heavily toward a few short candidates: KLIC ABTX PETM VVUS, and ... OXHP. Hark, the opening bell.
Ivan



To: Doug R who wrote (10629)1/16/1998 10:45:00 AM
From: ivan solotaroff  Read Replies (1) | Respond to of 79296
 
PGDT

Doug:

The Pre-Gap DownTrend turns up again. With KLIC; you draw a down-line (using the peak at around 32 1/2 in the third week of November and the last peak before the gap) and an ACT (using the 2nd and 3rd days before the gap) and get most of the trading range for the week before this. (In a nice validation of your pre-gap line being a kissing-kitty cousin of the MEEP, BTW, the steepest ACT of the two days before the gap--the so-called COMP (Cousin of MEEP)--predicts two straight weeks of higher prices.) Right now, we're currently above the ACT, but you can see that line acting more like a gravitational pull than support; it's been the dominant trend of the stock for three days running. If it continues to do so, I'll short, even if the market refuses to obey my vision and continues this bootless RIP.

Ivan

PS: I'm drawing a horizontal line between the COMP BUY signal (12/19) out to the current levels and will see (probably retroactively) if it provides a SELL signal.