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To: Jeffery E. Forrest who wrote (2768)1/29/1998 12:10:00 AM
From: IRVINESULLY  Read Replies (1) | Respond to of 4571
 
Jeffery..

Not familiar with Ultimate Oscillator??? But, how are we to have a rally without any kind of forthcoming news? I'm all for it, but when you say rally, I guess I have to ask for an interpretation of "rally"...are we talking about going up 10%, so that we are still down, or are you talking about going past the 1.00 mark from which we last fell after staying there for a while? Any info, would be greatly appreciated...Thanks



To: Jeffery E. Forrest who wrote (2768)1/29/1998 1:00:00 AM
From: Whipsaw  Respond to of 4571
 
Jeffery, Your TA in post 2768 is so different from what I see that I wonder if we are looking at the same chart. Are you using next week's data?

To wit:
- BCMD just hit the resistance at 3/4. It has not yet been "successfully tested".

- How do you find "Good solid accumulation"? If anything, there has been some mild distribution.

- There is no real divergence in Williams A-D. The 45 day low appears to be so close as to not constitute a meaningful divergence (despite what the "Expert Analysis" in the TA software may say).

- I see no bottom or turn-around in the slow stochastic. It is still bearish.

Of course, none of this means that we can't have a nice rally any day now.

--Whippy



To: Jeffery E. Forrest who wrote (2768)1/29/1998 4:50:00 AM
From: Roebear  Read Replies (2) | Respond to of 4571
 
Jeffery, Welcome back, you are a sight for sore eyes. Sorry to hear you were ill, I had all kinds of flu, etc. last month or so myself, finally better.
I am glad you think BCMD will get better soon also.
I have been buying 3/4-13/16 also.
What a coincidence I was just play around with the Williams A/D and U/O lately. I am not a TA expert, but FWIW I agree with your observations especially on the support level of 3/4 from the tall white candle. The TA may be forecasting the lift BCMD will get when the JV picks up it option to go to 49% Feb 1 (IMHO and heard at stockholders meeting?) or perhaps production numbers .
I guess I may get edumacated:) if you and whippy start arguing this TA stuff (I hope!)
I talked to Lionel today, the next news release should be about pillar 4, whenever they release it. I really could not get an understanding of why they are not releasing news this week. Personally, I think that the ducks are being lined up and will be marched out in a nice row soon, perhaps next week.
That would fit your TA well.
BTW, have you seen the maps of mine at:

hom.net

Glad to see you back Jeffery, email me anytime you get a chance.

Roebear