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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: TradeOfTheDay who wrote (13252)	7/28/1998 12:03:00 AM
From: Chris	Read Replies (1) \| Respond to of 42787

intc ready to go.. tomorrow will be important for intel to clear away from 85. again, im playing very safe folks.. you play the short term nabs, but im looking for the big gainers.

To: TradeOfTheDay who wrote (13252)	7/28/1998 12:04:00 AM
From: Chris	Read Replies (2) \| Respond to of 42787

wcom held 9 day ema on close. but is might be flat. again, everything right now is dependent on the mkt. i put a book hold order at the library.. should be great reading. CSS III: Analysis of WORLDCOM (WCOM) Reviewed on 7/27/98 ************************** High: 55.375 Low: 53.000 Close: 55.063 Change: -0.813 (-1.4541%) Volume Today: 14,029,900 shares. On 7/27/98, WORLDCOM closed down -0.8125 at 55.0625 on volume 36.11% above average. ************************ Summary: MOVING AVERAGES WORLDCOM closed at: 55.063 The close is currently Below its 5 period exponential moving average (55.2869). The close is currently Above its 9 period exponential moving average (54.7813). The close is currently Above its 21 period exponential moving average (52.6377). The close is currently Above its 50 period exponential moving average(49.2165). The close is currently Above its 200 period exponential moving average (41.3235). ******************************************* TREND STRENGTH: - this number represents the trend strength. Ideally, for going long, you want to see a rising value for each progressing day. A low reading (around 20's-40's) represents an oversold condition - this could mean that uptrend might just be starting. A high reading (around 80's-90's) represents an overbought condition - this could mean that uptrend might be limited/topping. Trend Strength for the Last 5 Days 70.7034 76.3027 80.1355 85.1761 92.4257 Again use other indicators/analysis to confirm. Super MACD Currently the MACD is bullish since it is trading above its signal line.The MACD crossed above its signal line 26 period(s) ago. Since the MACD crossed its moving average, WORLDCOM's price has increased 20.36% , and has ranged from a high of 57.875 to a low of 45.250. SUPER RELATIVE STRENGTH (Super RSI) This customized RSI shows overbought (above 80) and oversold (below 20) areas. The current value of the Super RSI is 48.19. The Super RSI can also be used with when it moves above and below the 50 trigger line. Currently is Below the 50 trigger line. PARABOLIC STOP AND REVERSE (SAR) There were no SAR signals generated today. The last signal was a Sell 3 period(s) Ago. This commentary is not a recommendation to buy or sell, but rather a guideline to interpreting the specified indicators. Always use other indicators/forms of analysis to confirm.

To: TradeOfTheDay who wrote (13252)	7/28/1998 1:38:00 AM
From: Robert Graham	Read Replies (2) \| Respond to of 42787

WCOM is looking like it has lost allot of its momentum but still has life left in it as indicated by today's afternoon price action and its close above its 13 day EMA. However, if this stock does not continue its move up tomorrow, it may not make it past its overhead resistance which is its high set 4 days ago. It has lost much of its momentum as measured by the MACD which is about to cross its signal line. I would expect a continued move up at this point in time. It has already bounced once and came across overhead resistance which it moved down away from to cross its 13 day MA which it still managed to close above. It has been making lower highs and lower lows in its cycles downward. Stochs indicator gave a solid sell signal so a move up to successfully challenge of its high is more unlikely at this point in time. WCOM has closed a gap it made 8 trading days ago but has closed above it. If WCOM makes it below that gap, the gap will prove to be good overhead resistance. Longer term weekly chart still is looking good. Looking at the intraday graph, I see where it put in a bottom at 53 1/8 which it retested. It is one of the stronger kinds of bottom that I am more comfortable with in not requiring it to be retested at a later time to validate the bottom, even though a revalidation of the bottom is always good. The price moved up strongly from there and closed right at its open. This is also a good sign. I would of preferred to have it close above its open, but we will take what we can get here. It is at an important intraday resistance which is a gap that it made on its open that it must break through and stay above tomorrow for further progress to be possible. This stock apparently has the recent pattern of gaining back most of its intraday losses before continuing down. But the volume validated moves up made by the stock and the bottom it formed is like an intraday double bottom. This together with the good price action that followed which included a over 2 point move in the afternoon indicates to me we can take this intraday move up more seriously than for example the previous days afternoon price recovery. 14M is a healthy volume too. So tomorrow should be revealing as to the near term for this stock. Bob Graham