To: AlanH who wrote (45730 ) 6/14/1998 12:00:00 PM From: ViperChick Secret Agent 006.9 Read Replies (2) | Respond to of 58727
Hey Alan missed your candle alerts Friday btw, did the candles predict the sharp move up Friday here is an interesting watch list from Berney starting point for everyone's own analysis btw, alot of people are liking GE right now(except maybe Judy because of her refrigerator) I wonder what Kevin's "GE OPTION MAN" is doing right now.... Hey Kevin...checked him out lately????? To: +MonsieurGonzo (3036 ) From: +Berney Saturday, Jun 13 1998 11:08PM ET Reply # of 3041 Steve, Spendt most of May playing with TA stuff. Here's what I got so far. It clearly isn't complete but a work in progress. I'm also expanding it to the 70 or so companies with a market cap greater than $40B. Then, using the MACD of a weekly bearish with trend changing and daily clearly bullish, combined with the degree of potential move to the target, I think it will provide a great watch list. TARGET TARGET 06/12 LONG-TERM SHORT-TERM SYMBOL BUY SELL PRICE CHANNEL SUPPORT RESIST RETRACE CHANNEL AA 68 78 65 72 x 85 76/68/65 80 70 x ? ALD 40 47 42.188 38 x 46 40 47 42 x 50 AXP 98 108 102.75 89 x 108 91 NA 98/95/92 97 x 107 BA 44 52 44.938 NM 44 55 NM CAT 54 60 52 49 x 62 52/45 60 56 x 62 CHV 76 85 81.375 76 x 87 76 85 NM DD 71 80 74.75 60 x 72 70 80 71/68/65 76 x 85 DIS 108 116 115.063 93 x 118 108 50% 99 114 x 127 EK 68 74 69.875 NM 67 74 68 x 77 GE 81 89 85.25 81 X 92 78 89 83 x 89 GM 67 75 69.875 60 x 76 67 NA 50% 65 69 x 75 GT 65 72 65.5 62 x 76 65 76 NM HWP 60 70 60.75 64 x 76 60 66.5/70 NM IBM 115 126 116.25 104 x 129 117/107 NA 115 x 128 IP 45 55 44.938 45 x 55 48/45/40 55/60 50 x 57 JNJ 68 76 73 64 x 79 67 76 70 x 76 JPM 121 135 121.625 121 x 141 120 NA 130/124/118 NM KO 75 81 80.688 70 x 82 72 81 75 x 82 MCD 55 64 64.625 NM 53/45 64 58/55/52 NM MMM 89 97 86.813 87 x 108 89 102 94 x 102 MO 35 40 37.313 NM 35 46 35 X 41 d MRK 114 130 126.438 110 x 130 114/109 130 114/109/104 NM PG 81 88 85.25 81 x 91 82/78 88 NM S 57 65 62.438 57 x 72 60/57 62 50% 50 59 x 70 T 50 60 62.938 NM 50 60 ? x 70 TRV 60 68 62.25 55 x 70 56 68 62 x 68 UK 50 55 47.5 50 x 58 50/48 55 50 x 58 UTX 88 97 86.938 NM 87 NA 88/85/80 NM WMT 48 56 58.813 47 x 57 48/46.5/45 52 x 56 XON 67 76 69.313 65 x 76 66 76 NM Again, please accept it as a work in progress. I tried to send this as a private message, but SI wouldn't take it. Further, they don't have "use fixed font" in the private message. So, if any of you others what to discuss this, please feel free. Berney