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Technology Stocks : International FiberCom, Inc. (NASDAQ- IFCI) -- Ignore unavailable to you. Want to Upgrade?


To: Feraldo who wrote (1130)11/7/1998 12:48:00 AM
From: JRobinson  Read Replies (3) | Respond to of 3541
 
>>DG online. RS new high is almost always an essential for a good buy point, IMO. I've seen a lot fail. We are on the border of a new RS high. The last two runs were nice runs, but no RS high, and then we drop. If this run can make a new RS high today, then I'd say buy MORE immediately.
<<

Well, are you happy now? We made a new high in the RS line :)

Do you find this holds true with the blue chips also? I notice MRK RS line is nowhere near highs although the stock is. I usually only use this indicator on NASDAQ stocks.

I posted earlier about volume if we sell off on the news. To the person who asked, I was referring to volume after earnings.