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To: papa bear who wrote (1167)5/12/1998 5:15:00 PM
From: Steve Casey  Read Replies (2) | Respond to of 4783
 
Ron.... English as a second language required for SI posting. LOL
I get nervous whenever you mentioned "the bottom". What does your TA say this bottom is? Appreciate your TA inputs and look forward to reading your analysis in the future. Keep us posted. I tried the parrot crapping on the stock page trick and that didn't work to well, the bird hit PKGP on the dot! LOL



To: papa bear who wrote (1167)5/13/1998 2:03:00 AM
From: Lawrence Burg  Respond to of 4783
 
Just catchin' up tonite...

Have to agree on the 1-3 days; maybe a few more in absence of any PR/FA change.

Saw the OBV...grrr. Don't like that. Hate to go lose a trender.

I use a default 14,3,3, exp stoch, but it's showing pretty similar to your 5,3,3. Will watch to see if it starts to flatten (good) or maintain it's decent (more than 3 days).

Use RSI8 (vice MFI, same difference...) on which I'm also watching for support on the way down. HAve it @ 50%, so it's 1/2-way there from the sell flashed last Wednesday.

I like using CCI8, & yes, a few more days like this & we're OS again.

Definitely check the following for fun/perspective :-)...

Chaikin Oscillator
ADX(R)8 (Note: After "speaking" to someone about the merits of ADX rising up from below 20 and watching this indicator validate on some issues, I superimposed the ADX & ADXR in one formula. Kinda gives you a trigger. It sometimes clearly shows a buy when the ADX begins to converge/cross the ADXR after gapping below it. See vacillating @ 20 lately, so it's primed...

I'm very surprised at the lack of movement today. Must be my lack of breadth on the dilution issues. It was anticipation of this kind of news (w/developing TA) that got me real excited around 1 May. Will continue to watch it closely.

BTW, I'm still developing a feel for the effectiveness of TA on pennies. I mostly use the oscillators. 'Tho the last few days show that they might be subject to sabotage from share issuance. Stay in touch. LB