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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 (10631)	1/15/1998 4:27:00 PM
From: Dave H	Respond to of 79297

Doug, So, you'll be joining us at the opening bell, eh? I just saw another 2.5k block reported after the close. Just a sec, I'll check quote.com to see where it was at.... it was reported late, at 15/16. So, last trade was a 5k block at the bid. But 4 minutes before that was a 10k block at the ask. LOTS of block trades for RADAF, looks like. tomorrow will be very interesting. Ivan, you listening??? -dave

To: Doug R who wrote (10631)	1/15/1998 4:58:00 PM
From: Len Giammetta	Read Replies (1) \| Respond to of 79297

Doug, been lurking and have lot's of respect for your opinion. I know you're a busy guy, with all the cats and all, and was wondering if you could check out CVTI. It was upgraded to a strong buy a few weeks ago, and declined somewhat from that point. Today, however it closed up on incredible volume, almost 10 times average, and I don't know why. Could it be breaking out? It's fundies are ok, but the chart was unimpressive since the upgrade. TIA Len

To: Doug R who wrote (10631)	1/15/1998 7:10:00 PM
From: sailorman	Respond to of 79297

Doug! Don't you wish you could reach out and touch somebody. Donn

To: Doug R who wrote (10631)	1/15/1998 8:49:00 PM
From: Hank	Read Replies (1) \| Respond to of 79297

I got drawn into this thread from the RADAF thread and I use some basic TA myself quite frequently but I'm not a pro. I don't know all the various indicators and slang. However, if you guys like bouncing cats, I'd take a look at RYO, BGO, RII, PRLN, and DATM. ALL seem to be in the initial stages of a trend reversal. I'd welcome anyones insight into these if they care to look. Hank

To: Doug R who wrote (10631)	1/15/1998 9:17:00 PM
From: Dave H	Read Replies (1) \| Respond to of 79297

Doug, Ok, the RADAF picture thickens. As we have been talking about the TD Sequential lately, take a look at RADAF in that light. Setup #1: start 12/12/97 intersection: 12/24/97 true high/true low range: 4.25 (19 -> 14.75) countdown day 9 was today. setup #2: start: 1/5/97 today was day 9 of this setup, but no intersection as of yet. true high/true low range so far: 15.69 - 12.88 = 2.81 So far setup #2 can be ignored, I say so far because intersection hasn't yet occurred. But today was day NINE. (LOTS of 9s floating around here!) Tomorrow is the day. A break down points to the second setup being the valid one and a recycle will take place. A move up doesn't necessarily stop the recycle, but since it is day 9 of the second setup, we should expect a bounce. Quite amazing how the sequential & the IL/ACT are working together here, don't you think? An opening gap is very probable, I think... -dave