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

To: freelyhovering who wrote (12324)	2/16/1998 1:46:00 AM
From: Al Greenleaf	Read Replies (1) \| Respond to of 79270

Myron - Just checked it out and never saw anything like it. Generally, most divergences are like stochastics descending with price ascending; which means that when the stochastics DOES turn up, it will explode. WHAT the HECK does THIS BOP DIVERGENCE mean? I suppose it might be interpreted as "if the BOP is strong when price is falling, wait til you see what price will do when BOP gets WEAK", but it could just as easily mean "there remain some real strong things about this chart, even though it has fallen by half in just over a month." In other words, I don't have a clue! My guess is that it may more to fall, but I'm pretty certain it will not fall more than 4 more dollars. <gg> I'd sure rather buy CS, AMBI, TCSI, PRTL, DY, or CNWK than this one. This has me baffled. As far as Bollinger bands go, it looks to me as though it is just following then down at this point, but I do not have bands to look at here except these: iqc.com Regards, -Al PS - The spell checker thinks "Stochastics" and "Bollinger" are misspelled! Yo! Jill! (And to think it took "Hegelian") <gg>