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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 (21574)9/22/1998 3:39:00 PM
From: MechanicalMethod  Respond to of 79269
 
Doug,

Would be kewl to see some buying come into CADE on the close. It could run 1/4 today and go some more tomorrow. It's getting obvious. I see 3 1/2 as the next resistance. What do you think?

I've a target of 5 on CADE, dunno how long that will take, but I'll wait. This puppy's got exceptional fundamentals and is bound to make a comeback.

osci



To: Doug R who wrote (21574)9/22/1998 9:12:00 PM
From: Sergio H  Read Replies (1) | Respond to of 79269
 
Ola Doug. Some interesting data from today's market activity:

*Investors pulled as much as $9 billion more from stock funds in August than they put in, in the first month of net redemptions since 1990, according to fund data collectors' estimates. (from WSJ)

*First Call's earning estimates for the S&p 500 are slightly lower for the
upcoming third quarter than for the comparable quarter last year.

* Russell stocks were moving today. Perhaps the money that was pulled out of the market is finding its way back into the small caps.
Could be a false signal, fostered by the possibility of a rate cut next week or a real rally, but too early to tell.

* Bad news is coming out of the oil sector due to the problems caused by the price weakness of the commodity, but the oil futures are slowly creeping up. Traders are looking at the Dec. prices setting the $16 mark as the belweather. Closing price today $15.67/barrel.

Hey, take a look at the news on FRNT, one of your picks. Free rides man!!!!!! Also, RADAF announced another share buy back plan after the bell this evening..

Sergio



To: Doug R who wrote (21574)9/22/1998 9:49:00 PM
From: advinfo  Respond to of 79269
 
Thanks Doc!<eom>



To: Doug R who wrote (21574)9/23/1998 1:05:00 AM
From: Anthony Marks  Read Replies (1) | Respond to of 79269
 
Ok TA guys take a look at GMGC
askresearch.com

I normally like to see some earnings especially in this market but this one has earnings potential skewed by R&D cost.
They begin a large advertising campaign tomorrow.
If I read the TA right it looks pretty strong.
any feed back? Tony

WARNING: My TA skills are poor, if not nonexistent. I Still need to hook up with Doug for a seminar.