Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: bdog who wrote (20469)	8/11/1998 4:11:00 PM
From: Doug R	Read Replies (3) \| Respond to of 79268

Blisteringspeedog, Cool!! I'll be able to check them all tonight I hope. I would expect any that are above the IL will remain there tomorrow. If there are any in there, I'll be wearing shorts tomorrow. Doug R

To: bdog who wrote (20469)	8/12/1998 3:29:00 AM
From: Doug R	Read Replies (4) \| Respond to of 79268

Bytedog, AFN...no IL but...check out that MIMBO. Watch for continued volume verification in the days and/or weeks to come. APT broke over the IL for one day on 7/9 when it hit 61. The ACT hits 43 on 8/30. APT could possibly hit the IL again before dropping to the ACT. That would make it a short up around 67 to 70. DEPCC's chart looks like it's being bought out. EVSI does not have the prerequisite uptrend for an ACT to develop from but geez, something's definitely going on with this one. GEOC has an IL/ACT. The IL is currently up around 62 and this stock is a strong buy on any dip and remains a hold until it breaks the IL. The ACT is now at 38 and gets to 44 during the 1st week of Sept. MCMC is a MIM approaching an attempted BO possibly around 3 7/8. I see no reason to get involved with it in either direction right now. ORNGY...hmmm, I believe I called this one a buy back in the 20's and again in the 30's. It's over 60 now. Nice run. Very interesting chart. It's avoided setting up an ACT like the plague. It'll get into the 80's soon. There's nothing to stop it even after that. PFSCF...BINGO! Perfect timing. It just broke above the IL on Tuesday. It's still got some juice in it but probably just one day's worth. The ACT is at 7 5/8 and rises to 9 by the second week of Sept. That's plenty enough room to wait out any stubborness it might exhibit. There, that wasn't too hard to find a sure short. I'll try to get it on Wednesday's high. Doug R