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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?


To: Magnatizer who wrote (23303)11/22/1998 9:43:00 PM
From: Doug R  Read Replies (3) | Respond to of 79214
 
David,

I get a 13 dCCI (Equis) value of 84 on Friday's close. You may want to look at that again.

An abnormal spike in the 13, 21 or 34 dCCI at or near a low price range is most often a monster long-term buy signal. AKLM had such a spike (13 dCCI) back in 9/97 at a price of 4 7/16. It's certainly been long term since then but the signal is still intact.
Such a signal was also given back in 8/91 starting at a price of 2. The stock went from there to 32 in 14 months. Now, I'm not suggesting that I'll be holding all my AKLM that long but since the last signal, it's going into a serious acceleration phase here. For those who got in huge creating that signal, it's been a long wait. For us, it won't be nearly so long.

Doug R