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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Winegrower who wrote (8039)	4/29/1998 8:37:00 PM
From: Chris	Read Replies (1) \| Respond to of 42787

my 7 1/8 buy stop didn't get hit.. will enter tomorrow. not too mad.. wanted to confirm with my indicators/system today (need end of day data) everything looks good. will update mrk for you.. remember, im not play "bounce plays".. my system works for long term uptrend. no stock can go full uptrend without basing. will take a look

To: Winegrower who wrote (8039)	4/29/1998 10:21:00 PM
From: Chris	Respond to of 42787

MRK I will not be updating the chart since the weekly is still on buy.. and rather "useless" since it's not for bottom fishing.. right now it did a bounce off the 200 day ema (close to it, not exactly) and "found the bottom". the real question is when will it uptrend again (the big ones, not the little ones)... that is when my weekly chart will be useful.. right now, it's on sell weekly.. as a bottom fish play, yes.. i would here. ******** if you would take a look at an OLD MRK chart: geocities.com you'll notice how my system is not "bottom fish" (look on the left side of the chart and notice when MRK tanks and when i get my CSS buy and when i have my weekly buy crossover (red and cyan) hope it helps .. good luck.. if anything let me know.