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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 (17857)5/30/1998 11:54:00 AM
From: Magnatizer  Read Replies (1) | Respond to of 79230
 
Doug

man did you hear about the rough at the Olympic Club this year? TALLEST ever for an OPEN. Man those guys are gonna have some sore wrists and forearms if they don't hit is straight. I think Tiger may be eliminated if the rough is bad. It will take a guy like Len Mattice, Tom Watson, Mark O'Meara, Earnie Els to tame headcase rough like that.

anyway, TFCE MIMBO status verified. scored it a 53. It will be an interesting magnet challenge on this one. Below I have magnets at 2.50,2.75,2.875 and above 3.00, 3.6262, 3.125, 3.25, 3.375, 3.75, 4.00, and a real strong one at 4.25. The last one that looked like this was TOTL a few months back. It chugged right through the normal magnets right to a strong magnet then it pulled back to the other magnets.

ht
david



To: Doug R who wrote (17857)5/30/1998 3:29:00 PM
From: Ocote  Read Replies (1) | Respond to of 79230
 
Expert....nah; trainable...yes.

TFCE--
It's a beaut, Doug. I didn't expect to see something like that during a correction, and if it can do that during the past 2 weeks, it must have something very good going for it.

HTF
MIMBO
89 MA/MLR x-ver
IHS breakout.
What can I say...it looks like a designer stock made according to your specifications....and yes, I did look at the whole chart<gg>.

Regarding the S&P and the Dow, see my comments on my last post. Only thing to add: MACD threshold broken. To me, the question is not whether we will continue down, the question is whether it will be a crash this week or continue grinding downward slowly. Do you agree that the first RSI peak below 50 and a ROC peak below 0 can be a typical "final warning"? Also, regarding the RSI 34, do you agree that the downtrend line extending from late '96, is still in effect, since it has been retested and has become resistance?

Ocote