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


To: bdog who wrote (21271)9/13/1998 2:42:00 PM
From: Doug R  Read Replies (1) | Respond to of 79313
 
Beardog,

Based on any work you've been able to put in regarding the comkey, how does ELGT look as a candidate to complete the preliminary move of a 3 dRSI trick? It would have 2 more strong days ahead of it if it were to "get pasted".

Doug R



To: bdog who wrote (21271)9/13/1998 11:32:00 PM
From: Magnatizer  Read Replies (1) | Respond to of 79313
 
bdog

speaking of APCO. It signaled a weak magnet on Friday. Therefore it now has an established magnet downtrend. Mondays value is 7.9354 and Fridays is 7.67. Will be watching it for a break above on volume for a quick trader. Then add to my long position on a retest (or base above) the downtrend line

If it fails to break above by the 16th (+2 days for good measure) then the next step down is the middle 6s upper 5s

ht
david

1.31??? really



To: bdog who wrote (21271)9/14/1998 2:32:00 AM
From: Doug R  Read Replies (1) | Respond to of 79313
 
Bardog,

Can I use you're bear post as a contrary indicator? I have a 13 dRSI indication the the S&P 500 is about to decide it's had enough of all this selling. Nothing gangbusters but the profile may be changing from sideways to down and gathering a bit of sideways to up steam. We'll end up at an overall sideways to up for the year out of it all. I think we just saw one of those technically scary periods I mentioned about 5 or 6 weeks ago. The technical profile is looking more and more like 1994 but slid forward in the year by about 4 months.

Doug R