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


To: Magnatizer who wrote (18337)6/11/1998 2:57:00 AM
From: Doug R  Read Replies (1) | Respond to of 79263
 
David,

After an exhaustion bottom in May '97, JAKK has gone on to set up a cup with handle formation. I'd go strictly by the book with it here and stalk it for a breakout on volume. As O'Neil says (paraphrased), "When the market really sucks, even my best sh*t isn't good enough". After Thursday's close, I'll be studying the 13 dRSI on the S&P and the Dow. I'll be making a 401K decision based on what I see.

Doug R