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Technology Stocks : Dupont Photomasks (DPMI) -- Ignore unavailable to you. Want to Upgrade?


To: William H. Ferguson who wrote (448)3/30/1998 11:49:00 AM
From: Duane L. Olson  Read Replies (1) | Respond to of 955
 
William..here is the basic definition, and likely all that is needed for the non-pro investor (which I assume we both qualify as)
iqc.com
Good luck.. TSO



To: William H. Ferguson who wrote (448)3/30/1998 1:07:00 PM
From: Duane L. Olson  Read Replies (2) | Respond to of 955
 
William...to follow up:
207.95.154.130
Check this chart on DPMI... last Friday, the stochastics did a "reversal under 20" ((a crossover of the "D" Line by the "K" line)), which is considered quite Bullish.
Enough people BELIEVE that interpretation that their actions drive the stock up on Monday. And the upward movement on volume encourages the "Momentum" players.. So the charts are "predictive" in a sense, but mainly they are "REFLECTIVE" of market internals (investor decisions).. All, for what it's worth...with the caveat that you paid zero :-) And the reputation of TSO includes a few "doozies" that got him his name <gg>> good luck... TSO



To: William H. Ferguson who wrote (448)3/31/1998 9:36:00 PM
From: Duane L. Olson  Respond to of 955
 
William...how are you doing with your charting?..Watching DPMI climb as the Stochastics turn favorable?
Also to follow up..here is the chart I mean to post back in post #454.
207.95.154.130
It is the chart of the semi-conductor index. With a crossover of the Stochastics and a positive turning RSI yesterday, it was enough to get the SOX onto an uptrend today. Had "Momentum" also been positive, I think we could have seen a rather nice run in the semis. And I hope that still happens. Should be some new fund money coming in the first week of April, one would expect, and I believe the funds are ready to shift away from the Dow stocks somewhat and begin to emphasize tech stocks and small cap stocks more...
How go the violin creation activities? That has to be a painstaking hobby. TSO