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

To: Omer B. who wrote (24868)	1/2/1999 4:29:00 PM
From: bdog	Respond to of 79449

Omer, I wouldn't use the 89 for short term but it can sure be used for confirmation...but what do I know... Voo will splain all... or are you talkin ROC(stoch 89, 3) ??? hmmmm more potions... b89dog

To: Omer B. who wrote (24868)	1/2/1999 5:36:00 PM
From: Doug R	Read Replies (1) \| Respond to of 79449

Omer, I like to see the 89, 3, 5 trend up rather than shoot up like that. A trend with a series of peaks and valleys on the way up denotes a stronger, more sustained supply/demand dynamic. Earlier in the chart you can see in Jan '96 that the 89, 3, 5 climbed over 80, pulled back to what Parity has as a value of 32. This sets up a trend that denotes more than casual accumulation and on the next move over 80, the stock went from 6 1/2 to 18 3/4 in 6 mos. At this point I would want to see the 89, 3, 5 pull back under 50 (but over 20) and return to over 80 again. Yikes, I have a few questions coming up to mull over I see. Doug R