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Strategies & Market Trends : The Rational Analyst -- Ignore unavailable to you. Want to Upgrade?

To: ftth who wrote (981)	5/26/1998 11:51:00 AM
From: Susan Saline	Respond to of 1720

Dave, maybe I should not be responding here...as I am not a rational analyst ok...now do not laugh...and I will give you my thinking. this is the chart I viewed before making my comments.. 207.95.154.130 I still think the 6 month trend is down...it popped on chitter chatter news from CNBC...do not take that lightly. take out the "pop" and you still have a down trend. The fundamentals are not getting better, they are gettin worse....re the cause of the down trend. I dunno most of the words you used, most of my charts reads come from previous experience with the stock in question, previous plays and following it on a regular basis. but as far as entry I would look for 12.50 to 13 as a low, and look for entry when bouncing off the lows, buy only on strength at about 13 (maybe to 14)...on the very short term uptrend. This is not a good one to chase, it only gives a couple good up days at a time. sue ps, I should have posted to rainier, as I am familiar with him on rays thread....sorry for confusing you all.

To: ftth who wrote (981)	5/26/1998 11:52:00 AM
From: HeyRainier	Respond to of 1720

[ TA Questions: DDIM ] Dave, I was thinking about some of the same questions you posed, namely, What I'm really confused by is why a further drop in these indicators as the price drops further to a level of $13 would generate a buy signal at that point? To me, it wouldn't. It would signal a weakness in technical behavior that would perhaps make me shun the issue for the current term, particularly since it would imply a failure of support at the key moving averages I am looking at for support (not to mention the upward trend line failure if the price were to move to this level). A hypothetical movement to these levels might further postpone any activity on my part if it will require the indicators to re-set themselves for another bullish position. Regards, Rainier

To: ftth who wrote (981)	5/27/1998 12:16:00 AM
From: HeyRainier	Read Replies (1) \| Respond to of 1720

[ Softnet Systems: SOF ] Dave, are you in short-selling mode? How about catching a swing in SOF? I'm plugging away at an indicator that seems to be able to pick extreme price points on issues that experience extreme run-ups, particularly when the readings are combined with Candlestick Analysis, Bollinger Bands, Stochastics, and short term Momentum theory. Examples of recent issues caught at their price peaks: KTEL, PNLK, SNRS, SPAZ, VISX, and LCAV. Currently, the configuration looks good for SOF, though the broad market decline has made the reading a bit more fuzzy, as I do not know if the decline was issue-specific or market-related, or both. This fuzziness is something to take note of. So much for trading with the trend. I'm bored again, so I'm in an expansion mode for new techniques. Regards, Rainier