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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 (19946)7/28/1998 12:30:00 PM
From: Doug R  Read Replies (2) | Respond to of 79449
 
Al,

I have a 13 dCCI sell signal as of Friday's close. It all started with that failed technical buy signal and now it looks like lower prices are in store after a technical bounce from here. 2 1/4 could be the next stop although after the bounce a double bottom in about a few weeks at today's low is also possible.

This is happening to a bunch of the smallcaps lately.

The speed at which it's happening is more like the corrections we have been accustomed to over the last few years. The next thing to look for is if the rebound is also what we've been accustomed to.

Doug R