Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: George R. who wrote (15134)	4/21/1998 7:46:00 PM
From: Doug R	Read Replies (3) \| Respond to of 79281

Ok folks, I just ran MDCD. There's alot going on up toward the very short term indicator ceiling. A possible 3 dRSI trick is in the works. The 3 day MA/MLR just went into "escape mode". To see the 3 dMLR actually cross above the 3 dMA of the highs is quite an infrequent occurrence. If it's a false signal, the stock could gap down at the open but weakness should be temporary. A sell on any strength after that is advisable though. Last Time MDCD did it right the price went from 11 3/4 to 16 1/8 over 4 days in April '96. I can't say history will repeat itself in this case but I expect a good day tomorrow. Doug R