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

To: Jan Robert Wolansky who wrote (13539)	3/19/1998 9:03:00 PM
From: Jack C.	Read Replies (1) \| Respond to of 79293

Jan, what are the parameters that you use on that stochRsi indicator beside the 34,13. I would like to take a look. Blackjack

To: Jan Robert Wolansky who wrote (13539)	3/20/1998 2:58:00 AM
From: Doug R	Respond to of 79293

Jan, Rather than the stochRSI, I use the SMI which is similar. I think the best indication of technical strength right here is the acceleration of the uptrend in most of the short term indicators at a time when the price has been basically flat. That's one thing I go over in the seminar, anyway. The resistance line on the 2, 1, 2 SMI is at a level that, if broken, would point to a large move on high volume of the type most associated with a quite positive press release or some type of fundamental step forward. This activity is not yet technically confirmed but that acceleration in the short term technicals is very compelling. Doug R