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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 (13322)	3/14/1998 7:35:00 PM
From: Doug R	Read Replies (1) \| Respond to of 79237

Hi Myron, I'll give SEEK a look as soon as I can. In the meantime, I'd like to post a list of stocks from my ever growing watch list. When I went back to the list format in Jan. there were close to two dozen stocks on the list. Over the next several weeks, the market pushed higher as the list grew in size. Tracking a large quantity of stocks can give one a good feel for the overall tone of the market. As more stocks set up breakouts and more stocks accomplish breakouts, the general bullishness of the market becomes apparent. A trend becomes established. This list has over 70 stocks from my long term watch list of over 1,000 stocks. The quality and quantity of these charts suggest to me that the market will follow through on the breakout of the 16 month downtrend in the 13 day RSI. I also feel that the smallcap stocks will have a very good next several weeks. Clinton's problems may cause a bump in the road initially though. Fresh breakouts with continuation likely: ADVS....AERL....ANCO....ANLT....ART.... Back in a few with the rest. Duty calls. Doug R

To: freelyhovering who wrote (13322)	3/14/1998 11:25:00 PM
From: milesofstyles	Read Replies (3) \| Respond to of 79237

myron, if i did it right, and there is a definite possiblity that i didn't my first guess is that the il was violated on 3-9 and 3-10, on 3-11 it took a good pounding so maybe i'm right, also on 10-13 and 10-14, the line was violated as it hit a high of 14.50, ensueing low was on 10-28 at 6.25 and 7.75 on 12-29 (,which are part of my act,scary,) before making it's run toward the il now, coincidentally and unrelated, it also appears some bollinger band violations also occurred around those periods, the previous violation took this down 50 percent, which is why i question my lines, but the same scenario is also present here, this is my best guess, as i'm still just learning the act/il