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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 (17431)	5/22/1998 7:27:00 AM
From: majormember	Read Replies (1) \| Respond to of 79477

Doug, XYBR. All TA seems to be against me on this play. Would appreciate your thoughts. The XYBR marketing agreement hit the wires at 1:38 P.M.. When I look at XYBR daily chart, I notice that at approx. 1:38 P.M., XYBR took off from $5.30 to $6.25 on heavy volume. To me, that indicates news of the distribution agreement had a DIRECT & IMMEDIATE impact on the share price. I am hoping for an intraday move to 6.75 which gives me 1 pt. If I am wrong I have a tight protective stop to limit my loss...http://quote.yahoo.com/q?s=XYBR&d=1d Regards, Skane

To: Doug R who wrote (17431)	5/22/1998 11:54:00 AM
From: shasta23	Respond to of 79477

Hi DOUG! Thanks for the analysis on ABTE which was good and i could kick my butt because of my impulsive buying at a less than perfect price at a time i had to leave the computer. When i got home i lost 1/2 point on that short and the stock closed at it's high. I was expecting to be stopped out this morning but the stock failed miserably at that little down trendline and that made the gamble sweet. But it was a bad habit of the kind that made my trading so bad lately. But todays action will make a nice evening doji star on the weekly chart. I feel OK now with this short since todays action seems very decisive to the downside compared to the days before. Market helps too. No memorial day rally so far. Ocote! What's the rsi13 model saying today...this must be a negative! Stefan