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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Chris who wrote (9166)5/31/1998 2:42:00 PM
From: Jan Robert Wolansky  Read Replies (3) | Respond to of 42787
 
There are alot of stocks finishing wave 4, like Dell and Nasdaq. For example, take a look at MTON--put in training mode for Thursday. Based on what I saw in GET Thursday night, combined with uniform, low StochRSI's and a move above 20 for Money Flow RSI (an AIQ indicator), I bought at the open on Friday @ 11, and later in the day it took off, closing at its high @ 11 7/8. Ellipse suggests it will go to 14 before reversing.

I think that there will be alot of short-term, profitable wave 5 trades over the next few months.