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

To: Cary C who wrote (10255)	11/14/1998 11:29:00 AM
From: Amigo Mike	Read Replies (1) \| Respond to of 29382

Hi Amigo, Did you buy some GMAI the other day when you mentioned it ???? WOWOWOWOW ..... what a move yesterday. These internet stocks are unbelievable. I had been put on to GMAI a few days earlier on the APCO Yahoo thread and looked into it but had already more than doubled at the time ...... yuk =(. Amigo Mike

To: Cary C who wrote (10255)	11/14/1998 7:07:00 PM
From: Sergio H	Read Replies (1) \| Respond to of 29382

<CNGR> Amigo, the last one on your list is the one I like. It's a Yeehhaaawww in the making. Want to know why ? I'll give you a clue if you make some chicken sounds <g>. Hmmmmmmm............you want some TA on this one also ? Very nice stock Cary. Amigo Sergio

To: Cary C who wrote (10255)	11/15/1998 6:58:00 PM
From: Sal D	Read Replies (1) \| Respond to of 29382

Cary, your esteem colleague Amigo Sergio asked me to look at CNGR. Short Term Daily Charts ADX at 43, +DI 44, -DI 7 KST at 298 14 day ROC at 35 and above its 8 day MA 30 day ROC at 42 and well above its 8 day MA 45 day ROC at 54 and well above its 8 day MA Volume Oscillator at 64 and well above its 10 day MA Smoothed DMI at 27 and above its 10 day MA Price Oscillator above 1 and its 10 day MA MACD both 9&26 day are well above 0 and there signal lines RSI at 85 14 day smoothed RSI with a 10 period MA at 79 RSI derivative crossed 1 a month ago What does all this mean, I dont know but I sure do have fun doing it. Seriously there is a very strong move underway, can it continue that is the question. Lets look at the Intermediate and long term weekly charts. Price is above its 10,40 and 65 week MA 6 and 13 week ROC are above 0 and climbing 26 week ROC just crossed 0 and is just below its 20 week MA 39 week ROC at 60 and well above its 20 week MA Weekly volume oscillator just crossed its 8 week EMA and is still below 0 Short term KST at 204 and above its 8 week EMA Intermediate KST at 9 and just crossed its 10 week EMA Long term KST at 450 and just crossed its 26 week EMA Weekkly Stochastics 3x3x3 at 80 and below %K 10x10x6 at 59 and moving up, above %K 39x26x13 at 40 moving down,below %K Kind of confirms what we already knew, that there is a strong move underway, and we still did not answer the question can it continue. I say no at least for the short term, there are alot of overbought readings right now, I would suspect a little pull back or consolidation for right now. The most interesting thing I see is what looks to be a cup formation with no handle (Im not to good with this formation maybe someone who is can look a see what they think) thats what I will be watching to see if the handle forms, and if it does you may get the break out you are looking. Whats the FA look like. I may be a little rusty but that was fun. Good Luck. Joe