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

To: Michael L. who wrote (10883)	1/19/1998 8:41:00 PM
From: Doug R	Read Replies (2) \| Respond to of 79270

Michael, You're right on all points you brought up about MCOM. It's definitely one to keep an eye on for volume. The really short-term stochastics are approaching resistance and the SMI seems to indicate that it has a good chance of getting through it. The 13, 8, 8 stochastics have just exhibited a nice knee which is also very positive. The only thing is the volume. If you are really serious about it, make sure you're on top of it at the open tomorrow and Wed. The gap up on Fri. on relatively below avg. volume is a bit problematic. So I geuss you're done working ORCL over huh? How did that turn out? I can't remember what that other one was except that it was in the low 30's. Did you see anything on my watchlist for the week that you like? Doug R