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


To: coaster who wrote (10937)1/20/1998 9:12:00 PM
From: 007  Read Replies (1) | Respond to of 79273
 
Someone on this thread mentioned DHI. Well after examining this company today, I will be a buyer tomorrow. This could be good for 25 percent in short order IMO. Whoever pointed it out, Thanks!

It is kinda like PFT. You can sleep good with this kind of investment.

Analysis love both of these. I like the financials and their futures.

Doug, could you run a TA on these two when you can?

Thanks

M. Solum



To: coaster who wrote (10937)1/20/1998 10:32:00 PM
From: Doug R  Read Replies (2) | Respond to of 79273
 
Keldog,

On 12/15 APMC's price was 6 with the 3 day RSI at a whopping .657.
On 1/2 APMC was down to 5 1/4 while the 3 day RSI had muscled its way up to 17.5293.
On 1/14 price was 5 3/16 and the RSI was 40.5892.
Then on Fri. 1/16 price: 5 3/8...RSI:51.5223.

That the price was down during this period and the RSI was building strongly, shows a turn up is very very likely. Now the RSI is at 57.4664. It's just about at a short-term breakout point and a breakout would likely occur on volume. If it moves up again just 1/16, it's out.

The stochastics momentum has been doing the same thing...building a sharp uptrend with no corresponding move in price. This is exactly what to look for. My mouth is watering.

Doug R