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

To: dennis michael patterson who wrote (13259)	7/27/1998 9:34:00 PM
From: Thomas C (Hijacked)	Read Replies (1) \| Respond to of 42787

Who is this guy Favors? does he run some subscription service? TC

To: dennis michael patterson who wrote (13259)	7/28/1998 9:24:00 AM
From: Les H	Respond to of 42787

You can find Favors commentary weekly at: marketweb.com 8850 happens to be the uptrendline from last October's lows. If one goes farther back, the next uptrendline will get to 8500 soon and will coincide with the June lows. Favors has mentioned something called the Barkley Indicator, for which I haven't been able to find a reference. Yesterday's bounce was primarily due to oversold Stochastics --- Nasdaq didn't bounce as much since Stochastics were not oversold.