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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 (24119)	12/9/1998 4:01:00 AM
From: Doug R	Respond to of 79230

David, Milesov, I went over the nuts you guys listed and it is pretty clear as to how outrageously speculative the nut run was. At least half of them never even pasted. That's an indication that there was not much long term interest on a sustained basis during the mania. One thing that might be useful as far as the paste goes is that it is more likely that the ones that did paste are the serious contenders. Here's the way those break down. Issues set up for the signal: PPOD...weak ONSL....weak BAMM....weak ITVU....weak Issues that signaled: AOL 12/4....weak ATHM 12/4....weak BVSN....weak CYSP....weak A weak signal or set up is seen when the signal line is so steeply down trending that it is broken (actually it's more of a step to the right side of it) even as the indicator is moving down. The actual signal occurs on the first day the indicator moves up after that. That would mean that PPOD, ONSL, BAMM and ITVU will signal on their next up day. There seems to be little risk involved with the weak signals but there won't be any fireworks either. It'll just be easy pocket change. There were no strong signals and no signals that are set up strongly. NAVR looks decent but didn't paste. SPYG didn't paste but it does have an IHS in the 3 dRSI ready to go. Doug R