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

To: Upstock who wrote (19620)	7/20/1998 12:30:00 AM
From: Doug R	Read Replies (1) \| Respond to of 79293

Al, HDIE is going nuts. It appears it's in day 1 of 3 dRSI trick paste mode. That gives it at least 2 more strong up days before it stops IF it completes paste mode. The 4,3, 2 and 2, 1, 2 stochastics suggest it will pull back intraday tomorrow and close in the + column. The rest of the mechanics of the 3 dRSI trick suggest it could close a bit lower than Friday's close later this week then resume after the trick is completed. The MA/MLR is very good here with the MLR resuming its acceleration away from the MA (a knee). The 7, 3, 10 stochastics shows too overbought to buy here and to wait a few days. That would be my only concern in the immediate term but overall, it should get to 8 well within the timeframe previously mentioned...2 mos looks better. Doug R