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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 (24251)12/13/1998 4:48:00 PM
From: Warthog  Read Replies (1) | Respond to of 79313
 
dougR,

AORI, this might be a good one to short.

collin



To: Doug R who wrote (24251)12/14/1998 12:07:00 AM
From: Magnatizer  Respond to of 79313
 
Doug

INTL magnets: 27 strong, 18.625 neutral, 14.17 downtrend, 11.83 dt, 11.58 uptrend, 10.25 weak, 9.45 dt, 8.625 strong, 8.25 normal

trendline crossover Tuesday at 11.50 area. The magnets at 8.25 and 8.625 were NEVER TESTED. This would be the target for the patient shorter. I will likely book some profits before then but they will be tested in the next 6 months, IMO.

AWRE magnets: 23.875, 23.375, 22, 21, 19.75, 16.625 neutral zone, 15.30 ut, 13.95 ut, 13.60 ut, 13.50, 12.25

AWRE was over its top magnet 23.875 and top trendline 15.30 last week when I first entered it. I will use any head fake rallys to add to the short position this week. There is a experimental magnet trendline which was gapped over on 10.23.98 which started the current run. This same trendline was gapped over to the downside Friday.

My target for AWRE is the 15.30 ut

will get EMLX done in a jiffy.

ht
david

disclaimer: the above is my opinion only. Not intended as advise, please consult your broker or financial planner before making any investment decision. Especially when shorting....



To: Doug R who wrote (24251)12/14/1998 1:16:00 AM
From: Magnatizer  Read Replies (1) | Respond to of 79313
 
Doug

EMLX magnets: 28.50, 28, 24.5, 21.5 ut, 20, 19.375 ut, 17.50, 11 dt...

experimental magnet trendline projects a target of 16s. It has been a long time since its last magnet signal and is indeed extended beyond normal bounds. Great pick.

One of my weekly indicators has been nose diving during the entire recent climb. serious negative divergence. I think 16s is conservative cover on this one

well, will be nice having a 3 stock watch list for once

ht
david