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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 (21697)9/27/1998 2:13:00 AM
From: bdog  Read Replies (2) | Respond to of 79223
 
Doug... 3 rsi covergence updte

of the previous week convergers here is how they panned out 5 up 5 down
with strict $ management a good profit to be had

of the ones that went up seemed the 13 mfi was rather flat and then kept a good up trend, but not always

watch for 13,5,8 stochrsi rising,

but the best comkey i can find right now is to watch for a flat 13 cci and take off from there or a rising one, all dropping 13 cci to be avoided

the oddest thing was a downtrend mag line in hcom that actually was going up...

ALPH no, died
ANET yes, nice bo of ihs in 89 mfi
CRRS y
DER n
DWRX n
HCOM y
HRSH n
MDX y
MGMA n
TCTV y

todays same scan brings us

ALPH 4.688 again
CDLI 3.062 most convg
ICL 2.000 this one too
LIFC 4.062
MIDD 3.938
UCOR 5.250

and for lower price beauties

BNT 0.875
CHRB 1.000
ICL 2.000
RMHT 1.875
UNFY 2.250
WIRL 0.625

bresearchdog



To: Doug R who wrote (21697)9/27/1998 2:15:00 PM
From: Alski  Read Replies (1) | Respond to of 79223
 
Thread,
A personal opinion on ALSC, FWIW:
As a troubled secondary player in the depressed semiconductor memory market I suspect ASLC is being bouyed by MU's strong performance of late; it tends towards following MU. If MU weakens it would be a good time to tighten any stops on ALSC.
I don't know if ALSC has any strong proprietary technology but at this valuation one would have to wonder about a potential takeover if they do.
A contrast & comparison of TA's on ALSC and MU sure would be interesting (hint, hint).
IMHO...Alski