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

To: Dave H who wrote (15594)	4/27/1998 1:52:00 PM
From: ivan solotaroff	Respond to of 79308

WCEC Dave, Yo, you. "looks like a MIM with potential." I think someone must've flagged this while you were on sabbatical. I remember something bothered me about it, but it looked great on most of the long charts. Just now I applied Rule 178Q from my "Quotations from Chairman Doug": Look at monthly charts for MIMBO candidates: iqc.com Not too appealing. Compare to this look at STO's "monthlies": iqc.com which I picked up from a scan of stocks that hit 40-day highs on Friday on high volume. Notice the volume confirmation of beginning of BO, plus the multiple opportunities it affords to draw the long line for confirmation. And LOOK at the Momentum Indicator begging zero, and what happened every time since that it's surged up through the zero line. I'm beginning to talk myself into this one. Perhaps you'll do me the service of talking me out of it? Doug? Ivan