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


To: Dave H who wrote (11101)1/22/1998 2:24:00 PM
From: freelyhovering  Read Replies (1) | Respond to of 79281
 
Dave--Somebody ask about current situation on RADAF and whether the old IL was still intact. I recall Doug commenting last night that RADAF would be a short now and that the ACT would be resistence now. Is that still a true statement. I am poised to strike with the right configuration of words. Anything else look compellingly good long other then the current favs of APCO, FIBR, FAXX, etc? I have a bad itch in my pocket. I think I might have caught Redheads "tingly spine syndrome". <gg>Regards, Myron



To: Dave H who wrote (11101)1/22/1998 10:50:00 PM
From: Ocote  Respond to of 79281
 
Dave--

The thing that holds me back on these sequentials is:
I can't be a day trader.
I can't stop loss NYSE or AMEX due to Datek
It takes so much work, and I don't have enough time.
Very painstaking
There seem to be so many other good candidates.

Yet, I appreciate your work in it and hope that you can share some wisdom that you discover along the way.

Now I'd like to share with you some very ugly charts(or beautiful, depending how you look at it). I'll call it my fading glory scan, taking stocks in the highest ranked sectors whose sectors have the biggest losses over the past 1,3 & 6 weeks. The individual stock ranks low technically.

HMS--Perfect rounded top
CAH--Rounded top PE 39, falling sector, VIMBO
SQNT--breaks below 15 watch out below
AGE--breaks below 35
KWP--massive H&S
SCH--Ready to break H&S
PWJ--H & S
NN--broken trendline

IOM--on the bounce

Good investing....and counting<ggg>

Ocote