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Strategies & Market Trends : STOCKS WITH ATTITUDE TEAM - FA/TA AND EVERYTHING ELSE -- Ignore unavailable to you. Want to Upgrade?


To: Trader X who wrote (2149)2/2/1998 10:08:00 PM
From: Sergio H  Read Replies (1) | Respond to of 2377
 
Kevin, all of the stocks on Jim's list had increases in volume. All but one was news driven. I am sure that Jim was just doing preliminary work when he posted his list...and besides, I beat you to the punch on that list and did it before the market opened.

Nice going on XCIT. I am sure that my FA assistance was the key (g).

Sergio



To: Trader X who wrote (2149)2/3/1998 12:21:00 PM
From: James Strauss  Respond to of 2377
 
>>>I'm curious...five charts and not one uptrend in the bunch. Please elaborate.<<<
*********************************************************
Kevin:

We'll use MESA as an example...

Just eyeballing the chart shows an upside breakout of an intermediate term downtrend... Note the break above the moving average... MACD, RSI, and Stochastics are pointing up... MoneyFlow is positive... There was a big jump in volume on the price breakout... The key was the big increase in volume while all this is occurring...

iqc.com

Jim