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To: drsvelte who wrote (1056)7/14/1998 5:23:00 PM
From: Broken_Clock  Read Replies (2) | Respond to of 14427
 
I noticed G is making a double top and didn't break out on todays rocket ride....hmmmmmm

maybe dow 10,000 isn't in the cards.

Thean...DO hit resistance on the gap down from yesterday/friday. This looks like it will turn into an earnings play since oil is cooperating. If the big boys meet/beat then we might just ride up into winter...

El Nino has been replaced by La Nina. Hawaii waters are 5 degrees COLDER this summer(this means winter storms have more strength to move south this winter). It is shaping up to take effect on mainlanfd as predicted. This La Nina could be worse than the last one.



To: drsvelte who wrote (1056)7/15/1998 3:36:00 PM
From: Shelia Jones  Read Replies (1) | Respond to of 14427
 
drsvelte, Thank you for all the useful information you sent me! I did finally sign up for IQ suites on Sunday. Following the technical indicators on the site I did the following:

I never revisited SCTR as the day I got out it did a "spinning top" which indicates indecision between trends. The next day was definitely a trend reversal! Also the %K crossed the %D @ the 20 line.
Technically bad for a short position (even if the fundamentals stay the same) short term. I was so caught up with going long on stuff yesterday I never noticed its irrational run.

Did the DO yesterday for 1 1/2 pts. as it did the doji thing on Monday with confirmation yesterday.

Bought poor little LE (not much volume but this was the first stock I ever traded - sentimental value) and the technicals were ripe for a bounce (and it's due one). It did the doji thing on Mon. With the stochastic cross today.

So the IQ Suites has been entertaining and is a useful technical tool used in conjunction with FA.

Hope the pooch is recouperating.

Slider - Quick note - I have found that this thread works best if you make noise (in an apologetic way) when you are wrong. When you are right no noise is necessary. I am glad for your turnaround and have enjoyed reading your informative posts as well.