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


To: majormember who wrote (12689)2/24/1998 5:36:00 PM
From: james snover  Respond to of 79281
 
doug , would you please take other look at amln , it's lost a lot $$ since last week.
thank a lot
jim snover



To: majormember who wrote (12689)2/25/1998 2:43:00 AM
From: Doug R  Respond to of 79281
 
Skane,

SNRS is out. The move today just qualified it as one of my favorite types of breakouts. The crux here is that the breakout will likely go through a retest period which could become rather trying. It is the survival of the retest (on heavy volume of course) that precipitates a heavy duty buy signal. The retest could last several days or several months. If I were in SNRS at this time, I would now begin to consider whether or not I would sell some or all in the near future in order to buy back in lower upon retest survival or simply accumulate throughout the retest period. Please remind me to run a TA of SNRS this weekend. The technical activity at this time suggests a rather short retest period. The shorter, the better (obviously).

Doug R