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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?

To: JoeinIowa who wrote (9601)	10/17/1998 10:58:00 PM
From: Magnatizer	Read Replies (2) \| Respond to of 29382

OK. A simple question is in order here In order to determine the tenderloin size and taste one would have to frequent both establishments to come to a valid conclusion, correct? Answer: I have been to both. The Iowan is the hands down winner. I did enjoy the Jonesys loin but, when I had to add a bag of chips to fill up the tank and I was able to walk out the door within 15 minutes of finishing the loin at Jonesys, I knew. The Iowan won the gut check test. Joe, have you been to the Iowan yet? I am quite sure you have not because, if so, you would be using Jonesys loins for lunch and traveling to the Iowan for your Saturday night gut buster special. OK, since I am taking up bandwidth might as well throw a stock out to chew on. From Tim Luke MRL. Below is my TA read for the weak including magnets. I am watching for volume move up to enter. MRL notes 10.19.98: 1) Breaking downtrends 2) Trendline crossover last Friday 3) Low volume: caution 4) 5 SMA<13 SMA 5) Stopped by 50 SMA Friday 6) Value of 200 SMA = 13.02 Monday 7) Long term: 1 (weak) 8) Short term: 2+ (near strong- good short term trader) a) I.H.S breakout Friday (3 day RSI) 9) Sell signal- weakening 10) Powertool and Rabbit 1+ (weak but strengthening) Monday Tuesday Wed Thursday Friday MRL Close 11.063 day prior Monday Friday (if sloped) 8.000 weak -3.063 8.000 8.000 8.000 8.000 8.500 weak -2.563 8.500 8.500 8.500 8.500 9.250 weak -1.813 9.250 9.250 9.250 9.250 9.280 9.030 -1.783 9.218 9.155 9.093 9.030 9.750 weak -1.313 9.750 9.750 9.750 9.750 10.250 neutral -0.813 10.250 10.250 10.250 10.250 10.750 weak -0.313 10.750 10.750 10.750 10.750 11.000 10.800 -0.063 10.950 10.900 10.850 10.800 11.000 weak -0.063 11.000 11.000 11.000 11.000 11.230 11.250 0.167 11.235 11.240 11.245 11.250 12.125 neutral 1.062 12.125 12.125 12.125 12.125 13.250 weak 2.187 13.250 13.250 13.250 13.250 15.500 weak 4.437 15.500 15.500 15.500 15.500 Watching for the volume move to take out 11.23 trendline with a optimistic target of 13.25. More realistic will be 12.125. TA wise ht david