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To: Rob S. who wrote (6170)1/30/1998 1:02:00 AM
From: flickerful  Respond to of 11555
 
rob.

i believe the TA transcends those
periods to which you refer. i mean
there may well be sellers, but the
momentum, RSI, stochastics et al.
suggest the movement is still strongly
upside....you note this as well, but i
wouldn't qualify it as much. this
trend appears stronger than any of
those to which you refer historically.

it is a more consolidated strength you are seeing.

and as to a pullback today: at one point we
slid back a bit, but there was no pull. the
dip was curt, and the trading promptly resumed
without so much as a backward glance.

the chart is truly a classic.



To: Rob S. who wrote (6170)1/30/1998 2:29:00 AM
From: flickerful  Read Replies (2) | Respond to of 11555
 
more specifically...

since we broke through
the downtrend line on dec 15,
and this where we
picked up a slew (including MACD)
of buy signals,
we have seen a few relatively
even reports.
the MACD
trading
then we took flight.
the MACD has remained above it's signal line ever
since...never giving a sell signal.

we quickly broke through 2 major resistance points:12 3/8, then 13.
the next: 13 3/4; we may easily test it tomorrow..


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