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


To: Doug R who wrote (21359)9/16/1998 2:14:00 AM
From: Magnatizer  Read Replies (1) | Respond to of 79270
 
Doug

whats happening?

APCO forming a nice IHS in the chart. AIRM is moving but needs some volume. Big three indexes all signaled in the past two days. Naz and S&P climbed over the magnet downtrends formed by yesterdays signal. Still a bit skeptical on the continuation, looking for a down move the rest of the week.

This should give me a chance to get APCO in the low 7s on a rebound from high 6s or 7.125. If it does not rebound I will be looking at, dare I say, shorting it for some lunch money. Man, this market even has me doing shorts. what gives??????????

ht
david

PNU looks good to the low 50s
PURW may bounce tomorrow