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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 (23280)11/21/1998 8:53:00 AM
From: coaster  Respond to of 79270
 
How bout SSNC, the weekly's look good, but that hinge in the dailys scare me(120 day chart),volume on friday was good,broke upwards desently also.

my feeling is if it breaks above 13 1/2 monday, its a buy



To: Doug R who wrote (23280)11/21/1998 12:04:00 PM
From: Carolyn S.  Read Replies (2) | Respond to of 79270
 
Doug -

1. Is your 401K stock exposure only S&P 500 ? I.e. are you cutting your total IRA stock exposure to 0% for December ? Are you doing this based just on the possibility of a double top (since I don't see that completed yet) ? For someone who can pull out on any day (rather than once a month) would you suggest waiting to see if the double top occurs ?

2. Re QP2 - It's not too hard to set up (although I didn't try setting up the virtual Metatstock stuff that supposedly allows you to also access the data as Metatstock data). And you've got several people who could give you or help you write the scans. And it can take plain ASCII stock symbol lists as input for scans. Does your nice charting tool use Metastock-format data ? If so, maybe QP2 would work well for you as a data service and scanner.

Carolyn S.



To: Doug R who wrote (23280)11/21/1998 1:42:00 PM
From: Magnatizer  Respond to of 79270
 
Doug

nope, no candlestick formation is involved in the early warning. though the dow breaking through the top trendline is a sign of serious strength. I am pretty sure we are going to retest the trendline in the near future, on the reversal off of 9300

ht
david