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

To: Tom DuBois who wrote (21539)9/21/1998 12:19:00 PM
From: MechanicalMethod  Respond to of 79284
 
Doug,

Nice call on NORT. Volume already at 50d avg vol. Could be a huge day, with this breakout from base, after 2 days of holding strong with minimal volume. Looks like a good hold here.

osci



To: Tom DuBois who wrote (21539)9/21/1998 12:25:00 PM
From: Doug R  Read Replies (1) | Respond to of 79284
 
Tom,

David J. has a resistance point at 1 1/16 (magnet stuff). I expect NORT to get over that and the bid move another 1/4 point from here. That's a technical target for tomorrow which moves up 1/32 per day from there. I always try to sell before the technical target is reached to protect the greater portion of a profit.

I'd cut and run if 27/32 sees several trades.

Doug R


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