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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 (22023)	10/12/1998 11:55:00 AM
From: David Alan Cook	Respond to of 79283

Buying some small tech stocks for a bounce. NASDAQ small caps have been hit very hard. TSSW now trades at less than 80% of its cash on hand . . no debt . . new CEO on board. Looking for a turnaround or buyout given its cash on hand ( Over $1.00 ) no debt and large capital loss carry forward that could offset another company's taxable income. - MTIC another high flyer that took a big hit has been held back by a shareholder lawsuit. Firm has been making this announcement almost weekly. . . Anyone follow this stock. It is selling at a steep discount to the industry. DC

To: Doug R who wrote (22023)	10/12/1998 12:02:00 PM
From: Doug R	Read Replies (1) \| Respond to of 79283

DJIA update: The last line of 13 dRSI resistance today is at Dow 8070. Some interesting things occurred last week: Ya gotta love those magnet trend intersections on a hold of magnet line support during a price trend intersection volume reaction!!!!! The Dow is going comkey today. IF it holds 8070 On the price trend intersection the NYSE traded over 1 billion shares for only the 3rd time ever. That's the price trend intersection volume reaction. The DJIA held that 7724 magnet line. Those two events happened a week before the magnet trend intersection on 10/16 (prices almost always run up leading into a magnet trend intersection). Sooooooo, I plugged a close of 8070 into the Dow today and ran the comkey specs on it. A close above RSI resistance today will put the DJIA into comkey mode. Doug R