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Strategies & Market Trends : Point and Figure Charting -- Ignore unavailable to you. Want to Upgrade?


To: Bwe who wrote (3155)5/24/1998 11:18:00 PM
From: R Stevens  Read Replies (1) | Respond to of 34811
 
Bruce,

May I ask for a good web source to get these short interest statistics?

Thanks for the info, RS



To: Bwe who wrote (3155)5/25/1998 7:11:00 AM
From: Mr. BSL  Read Replies (1) | Respond to of 34811
 
Thanks for the great background info Bruce. <eom>



To: Bwe who wrote (3155)5/25/1998 10:04:00 AM
From: wizzards wine  Read Replies (1) | Respond to of 34811
 
Hi Bruce, In looking at CDG p&f chart I see the bullish support at 42 and that the stock has dropped right down to support, however the long term bearish resistance line is up at 51 from what I see and the RS looks like it will reverse into a column of O's this week. We'll have to see as I do not have last weeks RS number but a drop like that would normally give us a 3 box reversal on the RS. If this holds true then CDG could well violate the bullish support line and this would be very negative for them.

Given the high short interest, I would not be one to bet on CDG until seeing if the RS stays in X's or reverses into O's.

Great review you did.

Later
Preston