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

To: ivan solotaroff who wrote (17738)	5/28/1998 11:06:00 PM
From: Ocote	Respond to of 79270

Ivan-- Thanks for the trampoline chart! It looks great! Today there were some technical bounces. ELNK got a little bounce on low volume, so I reestablished a small position. THNK also bounced, but its so oversold I don't feel confident on the entry point. YHOO ready for a MACD treshold cross and volume building. If it breaks the 50 line on high volume that could be a strong continuation indicator. Of course, my idea is not to short YHOO, but the 2nd and third tier would-be's, keeping an eye on YHOO and AOL. Ocote