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


To: Street Walker who wrote (23512)11/27/1998 1:46:00 AM
From: Doug R  Respond to of 79268
 
Thanks S. W,

I ran into some techies who said SUNW was overbought a while back. I didn't have any input in their conversation about it though...I just sat back while SUNW just kept going. Believe it or not, there are quite a few techies who don't quite understand what overbought is. >>gg<<

On KIDE, not only do I get a strong intermediate and long term stochastics profile but breakouts of IHS's in the 3 dRSI, the 3 dCCI and in the 3, 1, 2 stochs show it's going to move very well. The 3 dRSI has a good shot at getting pasted to the ceiling for a few days setting up a 3 dRSI trick for a continuation signal after a brief rest at wherever the current surge will take it.
I suppose I should work up a target. Ok, target done. 14 1/2 is likely. If it runs past that, I'll have to use another method.
Doug R