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

To: Ocote who wrote (12900)	3/1/1998 1:45:00 PM
From: Doug R	Respond to of 79516

Ocote, MDM looks about done for now. CMED isn't done and should go 15 to 20% more. ARX continues to be very interesting. I get the impression that it's going to pop a little, pull back to about Friday's price and then take off. TASA is doing the short term technical stuff that says it's not quite ready for a follow through. Maybe next time. Doug R

To: Ocote who wrote (12900)	3/2/1998 1:42:00 AM
From: Doug R	Read Replies (4) \| Respond to of 79516

Ocote, I almost forgot to look at the Dow and how the 13 day RSI is getting along. Remember when I said I couldn't give it a completely clean bill of health until the indicator downtrend set up from the Nov. '95 top was broken? Well, it was broken on 2/12. There was a bit of a retest and the indicator climbed back over the downtrend line on 2/27. I don't think we're in for a correction any time soon. There may be a bit of short term earnings jitters coming up but it looks as though most of that is already discounted. It was 7 months and Dow up 8% from the 11/95 13 day RSI peak to the 7/96 "correction". It will probably be a similar performance coming up measured from the point of the breakout. Doug R