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

To: freelyhovering who wrote (21275)	9/13/1998 4:06:00 PM
From: Doug R	Respond to of 79298

Thanks Myron, I'll run some other stuff on those. I was just sent a request to look at PRST. Scary symbol, huh? It's still got a good amount of technical work to do for the intermediate term on up but a short term bump to 12 isn't unlikely. The MACD on it is on the edge of telegraphing a bigger move but the rest of the technical underpinnings need more reinforcement. Doug R

To: freelyhovering who wrote (21275)	9/14/1998 12:49:00 AM
From: Doug R	Read Replies (2) \| Respond to of 79298

Myron, I checked the SMI on those oils. Most of them are at their bullish threshold but not over it yet. From the moves that they just made, stay alert for small continuation patterns. OII looks great. A couple more days and it should give a good indication if this oil move is for real. Take a look at NORT. It had some steady buying on it at 19/32 & 5/8 recently. Doug R

To: freelyhovering who wrote (21275)	9/14/1998 8:31:00 AM
From: Doug R	Read Replies (1) \| Respond to of 79298

Myron, Back to your oil patch here...PKD may be confirming a larger move today. 6 1/8 would be a target for today that would lead to a bit of a base to continue from. If the group is really going, SII should do well too. It would be nice to catch a breakout from a quick 2 to 4 day pattern on these. Doug R