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

To: Doug R who wrote (17388)	5/21/1998 3:47:00 PM
From: ivan solotaroff	Read Replies (1) \| Respond to of 79479

TLK, MABXA, and a coupla CATS Doug, "It must have both eyes on the same side of its head!" ROFL--I find it hard to laugh my a$$ off whilst Rolling on the Floor. Thanks for the thumbs neutral-to-positive on MABXA. BTW, I took myself out of ADPT, in a very manly show of force this morning, but I still recommend it as a midway catplay. I'd say risk is $1.50, if you let it get away, and upside is $3 and over. IMNT, currently at $11.375, is another low-risker, though I'd wait till the opening tomorrow. The downside's obvious, and the up is ... it's just ... limitle ... Alright, let's call it a coupla bucks. Ivan

To: Doug R who wrote (17388)	5/21/1998 11:21:00 PM
From: Ocote	Read Replies (1) \| Respond to of 79479

13 day RSI Model -- Questions The 13 day model shows a breakout in the market....but it don't feel like one. It makes me wonder.... and stare at my monitor. For a change of pace, I tried looking at some more intermediate term indicators, that hopefully would give less of a false trigger, but again be slower to signal. The RSI 34 seems to give a different interpretation. On the S & P, the uptrend was only broken in the past few days, and the downtrend is still intact. On the Dow, the appearance is similar, though an old downsloping resistance line from the beginning of the year is giving support. The intermediate stochs, especially the 55,13,21 look like the attempted crossover to the upside may be failing. What's your take on the all this? Ocote