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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: Judy who wrote (17153)	10/18/1998 2:54:00 PM
From: James Strauss	Read Replies (2) \| Respond to of 120523

Judy: I use the MoneyFlow indicator that comes with Worden Bros. TC2000 Pro version 3.5... I believe it's similar to Chaiken's Money Flow Oscillator... AOL has negative MoneyFlow... It's likely that it backs off to about the 94.00 area that is a junction of the 144 day MA and a 13 day Linear Regression line... A break below 98.00 should take it to 94.00... iqc.com We have a symmetrical pattern developing... Symmetrical triangles overwhelmingly resolve themselves in the direction of the trend. The current trend is down with price peaks going from 135.00 to 116.00... From this we can assume a downside breakout... PFE is about to bounce off its 55 day weekly MA to the upside... A cross over the 100.00 mark puts it over the 200 day MA... MoneyFlow just turned positive... We should see some upside to the 108.00 area... iqc.com Jim