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Non-Tech : Invest / LTD -- Ignore unavailable to you. Want to Upgrade?

To: Alski who wrote (2685)	9/9/1998 8:30:00 AM
From: Thean	Read Replies (1) \| Respond to of 14427

Alski, PEO's chart is very similar to the other OS charts. On the weekly chart that you indicated, indeed the stochastics indicate a crossover and thus a reversal in the work. Will it really? If one looks back the past few waves one would say this is more real than not. The way one can have faith in the stochastics chart is to see whether it has multiple historical patterns showing the same trend. In PEO's case, the historical examples are there. On the daily chart, again PEO acts very similar to many drillers. It is heading towards the upper BB but as indicated OSX closed with a black (red) candle and the intraday high touched off the upper BB. We need at least two more days to see if OSX can give us a clear trend. In the case of PEO, I think it follows OSX quite well and it has a day or two to reach its upper BB. Should it reach it and get bounced back, then we are back to test a possible double bottom. If it breaks up and begin to surf together with OSX, it is a pretty strong indication that all lights are green. Actually I couldn't recall if I were the one who came up with the OSX and SLB observation. But since Doggie made a nice poetry out of it, I will bathe in the neon light for it, what the heck. About the computer, still shopping. The shopping will get a lot more serious after Sep 15 when I pay Uncle Sam my due. Until then, don't want to write any check just in case my puts (house money but it is still spendable money) do not pan out as planned. Nice hearing from you Alex. I do believe the Cold turkey treatment is good. Remember Ron the good Doc? He really did himself a 100% return favor by closing his margin account and signed off from SI. This SI thing is a magnet, it draws one in and gets one hooked. Worse than nicotine addiction and I'm not even a smoker.