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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?

To: lostmymoney who wrote (710)	2/16/1998 8:59:00 PM
From: Ms. X	Respond to of 29382

Hi Mike, Thanks for the info. Looking at the P&F charts for the stocks you mentioned: GW: has resistance at 5, a move to 5.5 would be a triple top buy signal. Move to 6.5 would break the bearish resistance line. I would wait for the break to 5.5 before new positions with a stop of 4 a triple bottom break. Relative strength is strong. Daily momentum will flip positive at 4.5. PKD: Great signal if it moves to 13.5, double top break and break of the bearish resistance line. Relative strength has reversed up. Stop of 8.5 double bottom break. NBR: Just gave second consecutive sell signal below bearish resistance line. Relative strength is week but daily momentum is positive. Weakest looking in this grouping. GLM: Wait for triple top buy signal at 26 which also breaks bearish resistance line. Relative strength OK. Stop of 21 double bottom break below bearish resistance line. HAL: Best looking in group. Trading above bullish support line. Good pullback here. Stop of 43 short term 40 long term. All the best, Jan