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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 (24220)12/12/1998 4:24:00 AM
From: Warthog  Read Replies (1) | Respond to of 79270
 
dougR,

RTN.B, formed shark pattern earlier, faked to the upside as you
said and now has given sell signal. I am tracking using the
formula [ mov(c - mov(c,10,3),9,s) as this oscillator crosses
certain horizontal lines].

What is the best way to estimate a target for the downsize???

Or is it just better to monitor closely??

thanks
collin



To: Doug R who wrote (24220)12/12/1998 3:49:00 PM
From: Kevin Shea  Read Replies (1) | Respond to of 79270
 
Doug: Agree on the DOW. Went to all cash in all mutual funds. Screaming sell in the H&S break yesterday. Waiting to see what happens at oscillator trendlines using 21 day for DOW.

Also, major double top divergence in weekly MACD and momentum. Should be interesting.



To: Doug R who wrote (24220)12/13/1998 3:01:00 AM
From: bdog  Read Replies (1) | Respond to of 79270
 
Brake dance Doug, "see that head and shoulders"

Ya want head and shoulders? Try the 89,3,5 in Daily, reminds me when ELGT was showing the same in the weeklys. Broke neckline thursday.

13,34,89 MACD looking grimly exausted too

bcoffinaildog

ps: wondering if we will get another double bottom in the 377,34,89 stochs as in 9/94 - 1/95...