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


To: Doug R who wrote (13738)3/23/1998 12:32:00 AM
From: Duke  Respond to of 79325
 
Thanks, Doug, for another timely update.

Duke



To: Doug R who wrote (13738)3/23/1998 12:33:00 AM
From: Bob Pressler  Respond to of 79325
 
Hi Doug,
What is your take on LAKE now that the the week
has ended ?
Thanks
Bob



To: Doug R who wrote (13738)3/23/1998 1:56:00 AM
From: bdog  Respond to of 79325
 
Hi Doug, you are a nonstop TA animal. GNET-->

Recently broke sym triangle to downside and now looks more like a flag to me. Friday it broke through recent down trend and closed above 13 EMA. It was closest to ACT last Tuesday and has a continued little uptrend in place.

It has also broken a downtrend in the 3 day RSI and just broke OBV 34MA to the upside. ADX is downin.

sooo?
watch the volume kids, maybe it wants to make another run for the IL

bdog