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To: Magnatizer who wrote (10700)6/24/1998 9:46:00 AM
From: Chris  Respond to of 42787
 
nasdaq still up today, but notice that the dow and spx are down a little. i expect a pullback in the nasdaq perhaps.

AOL is down today. clearly overbought... but how long? we will see.

---------
Thanks for the magnet postings. What i intend to do is try to see if I get the same supp/resistance levels as well.

but i think you're on to something HOT! improve it, master it. it's your method now! <g>



To: Magnatizer who wrote (10700)6/24/1998 10:02:00 AM
From: Chris  Read Replies (2) | Respond to of 42787
 
couple people wanted info on RMBS:

couldn't tell if my system gave a weekly signal since it doesnt have enough data (ie: the company is so new, i require 3-4 years of data to calculate weekly signals. now you know why i dont play small caps. some stocks are only couple years old)

resistance at 60
some at 75.
then old highs.

without my weekly signals, i can't tell you how much "omph" left.

daily buy signal for now.
but im sure there's goign to be some profit taking.



To: Magnatizer who wrote (10700)6/24/1998 10:03:00 AM
From: Chris  Read Replies (1) | Respond to of 42787
 
APCO -- 200 day ema bounce ... can go up to 11 where it has the 50 day ema.. then we will see if it will retest the 200 and ?????

but it's finding good support at 200 dasy ema.



To: Magnatizer who wrote (10700)6/24/1998 3:18:00 PM
From: Chris  Read Replies (1) | Respond to of 42787
 
apco - dead cat bounce coming up?

simliar to IBM dead cat bounce from 200 day ema as well.