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Strategies & Market Trends : Momentum Daytrading - Tricks of the Trade -- Ignore unavailable to you. Want to Upgrade?

To: Ken Wolff who wrote (855)	3/31/1998 7:25:00 AM
From: TATRADER	Read Replies (1) \| Respond to of 2120

Thanks Ken, I based my reasons for accumulation on BULL on the following: 1)Stock moved up 8 ticks on higher volume 2)Stock did not take out low for two days in a row at 3.75 3)XAU held above neckline at 80, confirming break in gold index 4)Other small stocks in industry were being hit by buying, ALTA, PDG... 5)Chaikin Oscillator up with price 6)+D1 greater than -D1 7)IBD gives stock an A rating under Relative Strength 8)Force Index did a break above zero line... These are a few reasons why I accumulated at 3.81....Regards, Mark