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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 (18319)6/10/1998 8:27:00 AM
From: ivan solotaroff  Respond to of 79260
 
RMDY

Doug,

Just dialing in from the grave to say that RMDY, which MEEPed like a MoFo on 3/12 (good for 30% in just over a week), is about to/has just SLEEPed (SLEPT?--in any case: it's the line from 10/27/97 to 4/23/98). As you know, I don't have the charting capacity to distinguish between Has and Is Nigh On, when the line gets this close.

tscn.com

I think it has a better than even chance of moving 10 to 15 percent in a day or two. As you would probably guess as well, I don't have a clue if that move's going to be up or down.
But I thought you might.

Ivan

PS: Three of my old pals: DAVE is in mid-signal bounce, but looks played-out? ESOL and ACTM, two traitorous little wrist-scratchers, conspired in a multi-day breakout from the Big House on 6/4-5.
And two of yours: BMC, in my book went from play-ful kitten to lab-rat status with the second gap yesterday. (These cats are volatile, no? As they say in Detroit these days, Don't Puck Around.) And HCIA: Talk about a MOAS*--but it was nigh on unplayable, IMPO**.

*MOAS = Mother Of A ...
**IMPO = In My Patronizing Opinion



To: Doug R who wrote (18319)6/10/1998 12:22:00 PM
From: Doug R  Read Replies (1) | Respond to of 79260
 
Well, I took the small lump and sold the trading part of TFCE. I'm going back to the airline industry and moved into CADE and took a flier on AAIR. It seems they are adding some new planes to the fleet (the fuel efficient variety) among other changes in the co. The chart is well on the upswing so I went with the momentum toward that double top at 9 1/2.

Doug R