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Strategies & Market Trends : Bill Wexler's Profits of DOOM -- Ignore unavailable to you. Want to Upgrade?

To: Bill Wexler who wrote (448)	3/17/1998 3:23:00 AM
From: Larry McColloch	Respond to of 4634

Bill: I wish I'd covered avant at the same time you did. I gave back much of my profit. I have been looking to short ZONA. I know you don't believe in TA, but here is some from market edge. I think I'll wait longer before I jump in. COMMENT Moving Average Convergence/Divergence (MACD) indicates a BULLISH TREND Chart pattern indicates a WEAK UPWARD TREND Relative Strength is BULLISH Up/Down volume pattern indicates that the stock is under ACCUMULATION The 50 day MOVING AVERAGE is rising which is BULLISH The 200 day MOVING AVERAGE is rising which is BULLISH LOOK FOR SUPPORT AT 18.81 Stochastics indicate stock is OVERBOUGHT RECOMMENDATION STOCK IS A BUY; OVERBOUGHT; WAIT FOR PULLBACK TO INITIATE NEW POSITION