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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 (14502)4/11/1998 12:34:00 PM
From: Risberg  Read Replies (1) | Respond to of 79460
 
Doug, DBCC had a violent bounce off 50 MA with 20 times normal volume on 4/2, and it appears to be rising nicely with increasing volume. Any opinion? My bias: took a position at 5 3/4, but am wondering whether it is time to commit more fully. Thanks in advance!



To: Doug R who wrote (14502)4/11/1998 2:59:00 PM
From: ivan solotaroff  Read Replies (1) | Respond to of 79460
 
ACRT, ETC.

Doug,

Been an amused lurker of your travails with this one; now I think the time is right, however. Monday, Tuesday, Wednesday, latest. Good luck.
I'd be in with you if I weren't
a) so mesmerized by my little MMGC. Am convinced it's at a bottom. Don't know if it'll go any higher before it finds yet another bottom, but I'm in it to win it. I like the looks of the chart a whole lot, and the technicals are beginning to maybe get around to it, too.

tscn.com

I plugged in your 3,3 on the Wilders and came up with an interesting result, too.

Too possibilities for your volume watch:
ACTM is one good volume day from being a classic post-signal short, though in general I prefer that stock long. It might be another BRKT, with all the damage done, and just a good company.
VVUS is one good volume day from giving a mother-of-all signals type day, but again, I'd prefer it short, as it's now up against a product (viagra) said to be potentially the most profitable drug in history. (Guess they never patented penicyllin.) It tried to rally on Thursday, then closed very close to the low.

Happy Eastover. That's where Jesus ascends over the Jews in Egypt. Takes an F15 nowadays.

Ivan



To: Doug R who wrote (14502)4/11/1998 3:26:00 PM
From: LTK007  Respond to of 79460
 
Hi,Doug,don't want you to think we're ganging up on you,but I second
Risberg's request on read on DBCC,as I am,like him in at 5&3/4,but
thinking of possibly going bigger on this one.Muchas Gracias,max90