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Non-Tech : Radica Games (RADA) -- Ignore unavailable to you. Want to Upgrade?


To: Terry Backlund who wrote (2310)1/31/1998 1:37:00 PM
From: Warthog  Respond to of 7111
 
RADAF TA

I have a chart on my web space topher.net
which shows the 12 DMA and 60 DMA. It looks like a crossing of
the 12 DMA and 60 DMA in the next couple of days if we have a
couple of more + days. The 13,8,8 Stochastic is rising and at about 70. The crossing is a conservative buy signal. I am not an expert in
TA, perhaps the 56ers will give another reading.

I think the FA is more applicable to radaf myself and it is a buy.

collin



To: Terry Backlund who wrote (2310)1/31/1998 4:58:00 PM
From: RCVJr  Read Replies (1) | Respond to of 7111
 
Terry - I'm still a newbie in TA as well but use Bollinger Bands and RSI in doing Covered calls. If you look at this chart:

iqc.com

RADAF is moving along the top of the Bollinger Bands with an improving RSI. I would write upstrike calls on my shares if the RSI goes above 70. I would also like to hear from someone from the 56 TA thread.

FWIW - I visited the Norfolk Naval Base's Exchange today and looked for RADICA games. They had a rack of the games in their electronic's section next to game boys. No fishing games at all, two golf games, a number of Domino and Tic Tac Toe games and one poker game. Being Saturday, couldn't find anyone in the exchange who was knowledgable about the games and how they are selling. I was pleased though to see the games in the exchange as I'm sure they are in most Navy exchanges if they are found in one due to central buying for the exchange system.



To: Terry Backlund who wrote (2310)1/31/1998 8:53:00 PM
From: Jay Tice  Read Replies (1) | Respond to of 7111
 
Terry, over the past year or so the CCI crossing above 100 has been very accurate in signaling the end of consolidation and beginning of next magor uptrend. Here is some data that bears this out. The first set of numbers are the date and price at the time of crossover, the second are date and price at the peak of trend following the crossover.

[ 12/16/96 - 1.31, 12/24 - 2.00 ] [ 1/13 - 2.00 , 1/21 - 2.75 ]
[ 2/6 - 2.75 , 3/7 - 4.00 ] [ 5/5 - 3.06 , 6/2 -5.06 ]
[ 6/19 - 5.25 , 7/8 - 7.00 ] [ 7/29 - 6.78 , 9/4 - 11.75 ]
[ 10/7 - 11.38 , 10/22 - 15.19 ] [ 11/19 - 15.50 , 12/9 - 18.56 ]

As you can see, going long following CCI rising above 100 was the prudent move all of last year. We just crossed over on 1/27, so it looks like we are into the next run. I have another indicator that has been quite accurate in picking the tops and it is telling me that we are approaching one, so I'm going to predict that we kiss 17 this week, pullback for a few days and then head north again to test new highs. I'm using the past to predict the future here so take this with many grains of salt.

Jay