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Strategies & Market Trends : Stochastics -- Ignore unavailable to you. Want to Upgrade?


To: sammy levy who wrote (323)3/4/1998 7:42:00 PM
From: Wayners  Read Replies (1) | Respond to of 927
 
Sorry can't comment on MPDI. I don't chart that one at home. I'm going to be doing Navy Reserve stuff thru Sunday so you won't see much of a prescence from me here the rest of this week. Will be back in force on Monday. A flag is square or rectangular in shape. A pennant is also known as a symmetrical triangle. It looks just like a pennant you would see at a baseball park. Its an isoceles triangle.



To: sammy levy who wrote (323)3/10/1998 8:47:00 AM
From: Wayners  Respond to of 927
 
On MPDI, short duration uptrend. Much longer term downtrend. Price slipping below the moving average will cause damage to the uptrend. Volatility is decreasing, probably forming a pennant/symmetrical triangle. Will stay in range of $5.75 to $6.50. Reserves are over. If you add up all the drills and Annual Training for the year you are talking over a month. It definitely cost me this time as AMAT dropped nicely while I was out. I've heard of guys that left the Reserves but never told their wives---so they continued to leave the house one weekend a month to do whatever.