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To: donald sew who wrote (8737)1/19/1998 12:20:00 PM
From: Thean  Read Replies (2) | Respond to of 95453
 
Don, nice to meet you. Don't know if you follow individual stocks on TA but my charts show they are poised to test critical breakout points. Below is a selected list.

MDCO - if closes higher than 17 3/4 Tuesday, it breaks the downtrend resistence line since Nov. New resistence will be dictated by its upper BB and Stochastics (first short, then long) as well as its most recent peak at around 21.

NE - if closes higher than 27 3/4 Tuesday, it breaks the downtrend resistence line since Nov.

The downtrend break levels for the followings are:
FLC 33
RIG 44
GW 4 1/2
PTEN 32
UTI 20
PDS 23

ps: how serious are you a photographer? I used to be a pro-photographer too.



To: donald sew who wrote (8737)1/19/1998 8:14:00 PM
From: Thomas M.  Respond to of 95453
 
IMHO, the OSX will rally to 109-110 in the next few days, consolidate on low volume, and then resume the uptrend. The 50dma has contained rallies nicely of late.

Tom