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

To: Winegrower who wrote (8762)	5/21/1998 1:40:00 AM
From: Electric	Read Replies (1) \| Respond to of 42787

sorry to butt in.. But to think that KM was a stock at 6 a few Q's ago... thats a steal...

To: Winegrower who wrote (8762)	5/21/1998 11:13:00 AM
From: Chris	Read Replies (1) \| Respond to of 42787

hi john: continue with the kmart buy stop special (hehe). i would raise my buy stop to 19.50 just to be safe. mrk still on weekly sell. right now mrk has made a good pop. again, that pop to me was a "small one blip" and i wouldn't have gone for it. even though a "sharp trader" could easy make money on that pop. but i dont trade until the weekly buy is on.. furthermore, MRK is hampered by the 50 day ema resistance.. plot it yourself and see it.. select 50 day EXPONENTIAL MOVING AVERAGE cbs.marketwatch.com

To: Winegrower who wrote (8762)	5/27/1998 4:48:00 AM
From: Chris	Respond to of 42787

notice how mrk got "heavy resistance" from 50 day ema.. when i weekly sell (which i have right now), there is little "omph". short term trading can give you rewards, but at higher risk/minimal profits when the longer term picture (ie: weekly view) is on sell. still watching KM... it can go either way at the moment.

To: Winegrower who wrote (8762)	5/29/1998 3:21:00 AM
From: Chris	Respond to of 42787

i would start watching MRK. weekly buy is not really around the corner, but i would say bottoming is in progress. before i couldn't say bottoming for sure.. right now, more positive. again, anything can happen right now. plot the 50 day ema, email/post to me what MRK breaks out from it. CSS II: Analysis of MERCK & CO (MRK) Reviewed on 5/28/98 ************************** High: 119.625 Low: 117.750 Close: 118.938 Change: 0.126 (0.1061%) Volume Today: 1,551,600 shares. On 5/28/98, MERCK & CO closed up 0.1260 at 118.9380 on volume 39.19% below average. ************************ Summary: Moving Averages MERCK & CO closed at: 118.938 The close is currently Above its 5 period exponential moving average (118.4569). The close is currently Above its 9 period exponential moving average (118.3378). The close is currently Above its 21 period exponential moving average (118.6037). The close is currently Below its 50 period exponential moving average(119.9658). The close is currently Above its 200 period exponential moving average (111.3244). ************************** Candlesticks (Automatically done by Metastock. Accuracy Unverified) A white body occurred (because prices closed higher than they opened). During the past 10 bars, there have been 5 white candles and 5 black candles. During the past 50 bars, there have been 15 white candles and 35 black candles for a net of 20 black candles. A doji star occurred (where a doji gaps above of below the previous candle). This often signals a reversal with confirmation occurring on the next bar.