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


To: Doug R who wrote (19831)7/24/1998 3:17:00 AM
From: Warthog  Respond to of 79281
 
FNTN - magnets.

I have been experimenting with the "magnets" of david j. In FNTN,
I saw a magnet of .59 formed on april 21. The stock hovered from
.60 to .63 for a period of weeks. On july 21, I see a magnet
of 1.35 being formed. In this weeks action, the stock blasted above
the magnet and now appears to be drawn back to this magnet.
Of course I could be misreading the tea leaves.

It is quite interesting to see the "magnet" theory work in real
time.

thanks
collin



To: Doug R who wrote (19831)7/24/1998 11:30:00 AM
From: Eric Maggard  Respond to of 79281
 
RE: All-time highs

Stocks that made an intraday all-time high for 7/23

AWIN
AEOS
AMTD
AMGN
CNWK
CCIL
CCSC
DASTY
DRTE
DLTR
DYNT
ERTS
GKSRA
HPSC
ITSY
IRWN
KOSS
MSPG
NEON
PVSA
PRGN
SEPR
TBCOA
TRBDF

Some of them showed a BO from a long base and had/are having a good run. A couple of them recently BO, but TBCOA didn't have increasing vol. Will run them over the weekend. Good list for a down day on the market. Could fair better in a correction?

Eric



To: Doug R who wrote (19831)7/24/1998 11:51:00 AM
From: Eric Maggard  Read Replies (2) | Respond to of 79281
 
Hi again Doug,

You are probably getting sick of the messages from me now. :-) LOL I have been looking at the high volume stocks for the last couple of days and I noticed that SCUR has been there for two days. I just looked at the stock and as a quick look it looks like a MIMBO with the high at the end of '95 at 64. Volume is increasing and looks like it could have a really good run ahead of it. What is your take and what do you see as the downtrend line?

Eric



To: Doug R who wrote (19831)7/25/1998 12:18:00 AM
From: LTK007  Read Replies (2) | Respond to of 79281
 
PSIX,any views how long PSIX will defy gravity,Louis Riley came out for it at close today,adding more fuel to fire.I am in at 16.67,and should have bought a second position right away so would have a core and
a trade position.---But now I am looking for a top,or near to the top
to sell and then re-enter on a pullback--thinking 22 out and an 18 to re-enter but that is based on sheer hunch---these internet blast-offs are hard calls,to say the least.
Good Luck, Max90