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


To: Doug R who wrote (12026)2/7/1998 11:34:00 PM
From: Sandra  Respond to of 79270
 
Doug,
Thanks! Your are great! Printed everything you listed.

Sandra



To: Doug R who wrote (12026)2/7/1998 11:37:00 PM
From: bazan  Read Replies (1) | Respond to of 79270
 
<<I'll try to TA what I can but I won't be able to get to the whole list.>>

What? How dare you?

Doug, I' m currently holding BMC, a pgcdceb from a few weeks back. I haven't heard it mentioned lately and wondered if you bailed out once it never exhibited the characterisitics of a pgcdceb. It's been in a range now for quite a bit and I continue to hold since it never broke support of 15 5/8. If I may be so bold, I'd like to know what you did.

Thanks
ms



To: Doug R who wrote (12026)2/8/1998 12:37:00 AM
From: Doug R  Read Replies (1) | Respond to of 79270
 
Ok, the first TA is done. Since IFCI looked best, I did it first. A 13, 8, 8 and a 89, 3, 5 and a 233, 21, 34 stochastics crossovers just occurred on Fri along with a 3 day RSI breakout of an inverted head and shoulders at a value of 90. I like RSI breakouts at 90. The indicator hinged into the breakout so that's not as strong as it could be but it's probably good for a nice quick profit if the darn stock doesn't gap up. MACD is crossing bullish again. A 21 day MA/MLR is kicking up a knee. I like those too. The positive volume index just made a new alltime high. The SMI is very strong. Moving avg. stuff is just fine. MoneyFlow is great and leaves room for a move toward the old (well ok so it's not that old) high. Bollinger bands are supportive. All the other stuff I look at is great. It's not the only stock out there so try not to chase a gap. If nobody here buys until the shorts that fade my picks prevent a gap, that would be really cool. This stock definitely has an attitude. It could very well do 25% or more in 3 weeks or less.

Doug R



To: Doug R who wrote (12026)2/8/1998 8:46:00 AM
From: freelyhovering  Read Replies (2) | Respond to of 79270
 
Doug--As for IFCI, does it have a small ascending triangle? If so, very bullish--right? Myron