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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: HairBall who wrote (4759)1/27/1999 6:57:00 PM
From: Haim R. Branisteanu  Respond to of 99985
 
Analysis of end of Day Closing prices and recommendations
in Rubins Tulips Market - Getting close to major correction

This is the most effective list, but validate signals. Results
are relative to the SPX and move relative to the SPX - Haim

Today is 01/27/99 Remember this is a computer scan only

S&P Closed 1243.19 SPX 1230 to 34 is support IMHO
S&P Change -9.120 or DJIA 9100

Recomandation Price Stoch. RSI RSI RS
Change ROC%

BUY SIGNAL ON ADM 15.438 10.526 36 1 8
SELL SIGNAL ON CGEN 9.750 79.167 56 0 0
BUY SIGNAL ON DAL 49.312 18.555 40 -4 20
BUY SIGNAL ON ITA 14.750 10.185 47 2 34
BUY SIGNAL ON S 41.375 18.939 43 0 2
SELL SIGNAL ON SIGM 4.812 73.856 59 -11 -37
SELL SIGNAL ON TKR 21.125 81.699 60 -4 -7
BUY SIGNAL ON TX 46.625 8.549 28 -4 24

CURR PREV CURR STOCH
TICKER NAME CLOSE CLOSE Vol % %K %D RSI
------------------------ ------- ------- ------- ------- ------- -------
ADM ADM 15.438 15.375 150.905% 10.526 10.524 36.570
* STOCH BUY
AMGN AMGN 115.875 112.750 114.197% 84.299 83.816 67.369
* PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE
ANN ANN 36.938 37.688 144.127% 18.627 18.053 45.295
* STOCH BUY
AOL AOL 165.500 154.844 123.424% 68.778 55.956 66.412
* PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE
CA CA 49.125 48.562 61.917% 84.091 83.386 63.577
* PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE
CGEN CGEN 9.750 9.750 93.358% 79.167 81.381 56.507
* STOCH SELL
CMVT CMVT 81.562 83.625 129.089% 81.508 78.287 64.685
* RSI SELL
DAL DAL 49.312 51.500 97.012% 18.555 18.237 40.443
* STOCH BUY
DH DH 63.000 60.875 129.286% 93.460 89.860 79.564
* PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE
FTU FTU 52.188 57.062 876.680% 9.601 8.186 25.975
* VOLUME BREAKOUT 876.680 PERCENT OVER LAST 30 DAYS
* STOCH BUY
GIS GIS 82.250 80.375 339.000% 42.484 39.818 61.958
* VOLUME BREAKOUT 339.000 PERCENT OVER LAST 30 DAYS
GM GM 93.375 91.250 120.631% 94.231 92.863 75.792
* PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE
IMNR IMNR 10.188 10.312 385.339% 48.980 44.523 42.477
* VOLUME BREAKOUT 385.339 PERCENT OVER LAST 30 DAYS
ITA ITA 14.750 14.625 359.672% 10.185 10.058 47.520
* VOLUME BREAKOUT 359.672 PERCENT OVER LAST 30 DAYS
* STOCH BUY
IVX IVX 12.750 12.375 149.040% 88.000 82.357 66.992
* PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE
K K 39.188 38.812 65.922% 81.875 79.747 63.934
* PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE
LTD LTD 33.750 33.000 160.566% 88.321 86.679 69.257
* PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE
MSFT MSFT 168.625 171.562 1.682% 88.791 83.278 69.151
* RSI SELL
NSCP NSCP 69.250 65.812 105.675% 69.239 59.546 66.298
* PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE
ORCL ORCL 51.000 52.875 93.423% 79.619 76.726 64.173
* RSI SELL
S S 41.375 41.500 48.332% 18.939 17.843 43.522
* STOCH BUY
SIGM SIGM 4.812 5.562 95.527% 73.856 76.280 59.199
* RSI SELL
SPLS SPLS 40.188 39.812 80.723% 21.136 19.649 47.285
* STOCH BUY
SUNW SUNW 105.438 106.625 135.899% 59.735 55.826 67.879
* RSI SELL
TKF TKF 4.625 4.312 272.120% 23.684 21.149 53.512
* STOCH BUY
TKR TKR 21.125 21.500 88.049% 81.699 82.499 60.353
* STOCH SELL
TWA TWA 4.812 4.812 102.827% 2.410 2.233 41.937
* STOCH BUY
TX TX 46.625 48.500 305.352% 8.549 8.211 28.171
* VOLUME BREAKOUT 305.352 PERCENT OVER LAST 30 DAYS
* STOCH BUY
UNP UNP 50.812 50.625 168.372% 77.698 76.833 65.459
* PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE
VOD VOD 193.625 193.500 161.312% 88.978 84.979 72.644
* PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE
WMS WMS 9.562 9.375 196.230% 81.395 81.339 70.016
* PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE
WMT WMT 85.188 83.562 155.174% 78.182 66.560 67.061
* PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE
GTW GTW 67.812 69.750 94.981% 93.590 92.255 67.822
* RSI SELL
EWM EWM 3.812 3.875 303.142% 52.941 59.159 57.541
* VOLUME BREAKOUT 303.142 PERCENT OVER LAST 30 DAYS
EWH EWH 8.750 8.812 179.843% 17.568 17.205 41.063
* STOCH BUY
IIF IIF 8.125 7.875 127.590% 94.915 89.086 70.735
* PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE
NT NT 61.500 58.438 231.833% 81.513 67.118 71.658
* PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE
EBAY EBAY 303.500 220.875 335.345% 52.446 37.070 63.653
* PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE
* VOLUME BREAKOUT 335.345 PERCENT OVER LAST 30 DAYS

Prev Curr Price Curr OFF
TICKER NAME CLOSE CLOSE Change Vol % HIGH
------------------------ ------- ------- ------ ----- ----
GIS GIS 80.375 82.250 2% 339% 2%
HDI HDI 49.375 51.438 4% 163% 0%
IFN IFN 7.375 7.438 0% 164% 15%
ITA ITA 14.625 14.750 0% 359% 11%
LTD LTD 33.000 33.750 2% 160% 7% 30DAY HI
OSSI OSSI 36.812 37.312 1% 178% 11%
VOD VOD 193.500 193.625 0% 161% 1% 30DAY HI $
WMT WMT 83.562 85.188 1% 155% 0% 30DAY HI $
Total Companies Processed 225
OB INDICATES NEW YEARLY ON BALANCE VOLUME HIGH
$ INDICATES NEW 52 WEEK HIGH PRICE

**** New highs, high bases, 10+ week highs, & low base breakouts ****

52 Week |--Base-| 40
Name Close Change %OH High %Rng Wks Vol %V U/D
---- ----- ------ --- ---- ---- ---- --- -- ---
AMGN 115.88 3.12 NH 115.88 No Base 31949 114% 1.9
AMP 51.31 -0.81 2% 52.31 8% 7 12071 86% 1.3
AOL 165.50 10.66 NH* 165.50 No Base 199828 124% 1.5
BMY 127.38 4.75 5% 133.81 12% 9 20350 113% 0.7
BNI 33.44 0.62 6% 35.58 7% 9 15098 128% 1.1
CA 49.12 0.56 20% 61.12 Hi 26 14693 69% 1.3
DELL 88.50 0.00 0%* 88.50 No Base 2287 1% 2.1
DH 63.00 2.12 NH* 63.00 No Base 26049 117% 3.6
ELT 11.75 -0.12 6% 12.56 5% 6 125 37% 1.0
FNM 70.12 -2.00 8% 75.94 11% 12 32348 147% 0.8
GM 93.38 2.12 NH* 93.38 No Base 37078 134% 2.2
STK 37.00 1.81 26% 50.19 12% 6 14643 175% 0.8
IVX 12.75 0.38 NH* 12.75 No Base 6033 164% 2.3
JNJ 83.62 1.06 6% 89.00 8% 8 39039 141% 0.9
K 39.19 0.38 12% 44.50 13% 11* 4972 73% 1.0
KGT 7.56 0.12 7% 8.12 6% 9 1005 151% 0.9
LLY 90.75 1.25 0% 90.88 16% 13 39042 151% 0.7
LTD 33.75 0.75 7% 36.25 Hi 28 15074 169% 1.9
MOB 87.69 -0.88 3% 90.62 8% 8 26757 107% 1.5
NOBE 38.19 -0.34 3% 39.25 15% 8 13944 129% 1.5
NSCP 69.25 3.44 NH* 69.25 No Base 59067 83% 1.9
UNP 50.81 0.19 12% 58.00 14% 15* 13357 183% 0.9
VOD 193.62 0.12 NH* 193.62 No Base 10384 238% 2.3
WMS 9.56 0.19 71% 33.19 Hi 11 3762 190% 1.1
WMT 85.19 1.62 NH 85.19 11% 7 48076 161% 1.3
XON 71.00 -1.25 7% 76.56 8% 12 36781 91% 0.8
PG 86.31 0.75 8% 94.00 11% 13 26564 114% 1.1
TEVIY 43.56 -0.44 6% 46.25 12% 11 3379 106% 0.9
MRK 143.75 -0.25 10% 158.88 11% 6 38797 143% 0.7
EWJ 10.38 -0.19 4% 10.81 7% 10 2585 72% 1.2
IIF 8.12 0.25 NH 8.12 19% 13 1492 132% 1.5
NT 61.50 3.06 NH 61.50 No Base 44693 250% 1.7
EBAY 303.50 82.62 NH* 303.50 No Base 44036 252% 1.5

**** New lows, low bases, 10+ week lows, & base breakdowns ****

52 Week |--Base-| 40
Name Close Change RV High %Rng Wks Vol %V U/D
---- ----- ------ -- ---- ---- ---- --- -- ---
ABX 18.31 -0.44 50 23.62 15% 8* 14072 108% 1.2
ADM 15.44 0.06 5 23.56 14% 7 16392 147% 0.5
AMR 53.19 -2.69 14* 89.25 23% 14* 24543 150% 0.6
AND 8.62 -0.38 20 24.88 Low 11 1718 137% 0.9
APC 26.81 -0.50 6* 43.19 16% 7 4243 70% 1.2
ARC 57.19 -1.56 NL* 82.25 No Base 13564 95% 0.6
BK 33.06 -1.19 54 40.25 17% 9 21947 131% 0.7
BKB 35.56 -1.19 26 58.69 11% 6* 14884 92% 0.6
CHV 76.50 -3.00 16* 88.94 8% 6* 15532 118% 0.8
CPU 11.38 -0.38 NL* 35.00 No Base 12443 81% 0.7
CSX 37.81 -2.06 1* 60.44 14% 13 3434 60% 0.5
DD 53.12 -0.75 4* 82.75 13% 8 44023 166% 0.8
DSCP 19.12 -1.00 17* 30.12 14% 8* 340 91% 1.0
EK 64.62 -1.62 14* 88.00 Low 40 14902 100% 0.6
FLR 37.81 -1.12 18* 52.25 14% 12* 4393 120% 0.8
FTU 52.19 -4.88 36* 65.69 14% 12* 208385 948% 0.8
INGR 5.06 -0.06 1 10.12 12% 6 2541 108% 0.9
MAT 21.69 -0.19 1* 45.62 12% 6 15022 56% 0.5
MAY 57.25 -0.25 34 70.62 10% 14 5489 86% 0.6
OIL 6.88 -0.31 NL 42.62 No Base 2056 56% 0.6
RLM 48.19 -1.00 1* 67.25 19% 17* 1879 67% 0.8
SPYG 14.50 -0.62 37 29.75 Low 11 4115 46% 0.8
SUB 39.50 -0.81 32* 52.25 11% 9 6180 116% 1.0
TGG 6.50 -0.12 27 7.69 5% 8* 979 180% 0.8
TOY 14.44 -0.62 NL* 30.44 No Base 12205 102% 0.5
TX 46.62 -1.88 NL* 64.50 13% 6 61482 289% 0.6
PD 44.75 -1.50 0* 71.56 No Base 3477 105% 0.4
PMTC 13.25 -0.56 17 34.94 26% 13 16642 56% 0.6
ESCMF 6.28 -0.16 1* 37.75 Low 15 2513 64% 0.8
CUBE 21.50 -1.25 45 30.06 Low 11 8910 93% 1.1
BLDPF 23.12 -1.06 24 42.69 Low 13 1798 97% 0.8
BPA 82.25 -3.06 39* 96.75 10% 8* 18830 70% 0.8

Performance Analytics - Report Page 1
Prepared for Ramko Rolland Associates on 01/27/99

Top Thirteen Positive % Change
For Week Ending 01/27/99

--Performance--
Ticker Company or Percent Dollar Volume Current Week
Symbol Security Name Change Change Change Close Today Ago Change
-------- ----------------- ------- ------- ------ ------- ----- ----- -----

BMCS BMCS 21.44% 8.19 61% 46.38 7 -2 9
SGI SGI 19.50% 2.94 258% 18.00 7 4 3
YHOO YHOO 16.95% 48.69 -12% 335.88 0 -4 4
GTW GTW 15.92% 9.31 70% 67.81 7 6 1
NT NT 12.84% 7.00 13% 61.50 7 0 7
AMZN AMZN 11.17% 12.62 57% 125.62 -2 -4 2
LLY LLY 10.33% 8.50 29% 90.75 7 -2 9
IIF IIF 9.24% 0.69 -13% 8.12 7 4 3
STK STK 8.23% 2.81 43% 37.00 7 -2 9
NSCP NSCP 8.20% 5.25 7% 69.25 5 0 5
AOL AOL 7.25% 11.19 9% 165.50 5 0 5
CH CH 7.19% 0.62 -37% 9.31 4 -6 10
KM KM 7.11% 1.06 52% 16.00 6 -4 10

Top Thirteen Negative % Change
For Week Ending 01/27/99

--Performance--
Ticker Company or Percent Dollar Volume Current Week
Symbol Security Name Change Change Change Close Today Ago Change
-------- ----------------- ------- ------- ------ ------- ----- ----- -----

CUBE CUBE -28.48% -8.56 90% 21.50 -7 6 -13
IOM IOM -25.97% -2.50 17% 7.12 -7 4 -11
CRUS CRUS -21.84% -2.81 -15% 10.06 -6 6 -12
WDC WDC -18.18% -3.00 -9% 13.50 -7 -2 -5
HMT HMT -16.44% -2.25 50% 11.44 -7 0 -7
SIGM SIGM -16.30% -0.94 -44% 4.81 6 7 -1
SII SII -16.24% -4.81 19% 24.81 -6 4 -10
TBH TBH -16.20% -11.62 -66% 60.12 -4 4 -8
TOY TOY -14.13% -2.38 48% 14.44 -6 6 -12
VOCLF VOCLF -13.49% -2.12 -40% 13.62 -2 5 -7
AMR AMR -13.34% -8.19 65% 53.19 -7 -2 -5
SPYG SPYG -12.78% -2.12 38% 14.50 -7 -6 -1
BLDPF BLDPF -12.43% -3.28 -6% 23.12 -7 -7 0

Performance Analytics - Report Page 2



To: HairBall who wrote (4759)1/27/1999 7:07:00 PM
From: donald sew  Read Replies (1) | Respond to of 99985
 
Larry,

>>>>> however I believe a new formation is in play, IND/DJI falling wedge. <<<<<<<<<

I realise that you use theoretical figures; however on the actual charts I see a DESCENDING TRIANGLE being formed which implies a break to the downside.

Coordinates:
LOWER TRENDLINE = lows of 1/14(9088) & 1/25(9063). This line is slightly declining, but I feel it is more horizontal.

UPPER TRENDLINE = highs of 1/11(9643) & 1/20(9480 & yesterday(9330)

I can only eyeball it, so it appears that the APEX would be in approximately 5 trading days with the target at 9100 range. Since it could be a DESCENDING TRIANGLE only the UPPER TRENDLINE is descending. For tomorrow the range would be about 9300-9100, and each day the UPPER TRENDLINE drops about 30-40 points. Im eyeballing it so these figures are only approximations. If anyone can give more accurate figures, would greatly appreciate it.

If I am correct about this DESCENDING TRIANGLE, the timing of its APEX(approximately 5 days) fits nicely with the WEDGE/PITCHFORK formation. Of course it can dissolve before 5 days. The junction of the WEDGE(lower trendline) and PITCHFORK(upper trendline) is around FRIDAY so the APEX of this possible DESCENDING TRIANGLE is only 3 days from that. More subjectively we also have the END of MONTH RALLY/WINDOW DRESSING which commonly lasts a few days into the next month. Its really getting interesting.

The DOW does not have to go up too much to negate the DESCENDING TRIANGLE, which could happen immediately. If it is broken to the upside then it would give a hint that the wedge formation is in play, implying upside move as you mentioned. Since the parameters of the DESCENDING TRIANGLE are tighter, they are the first ones to watch.

We are right now in a critical period and a strong movement could happen at any time, even tomorrow. I am still more bearish than bullish and at this time.

All of my LONGs have been closed or hedged since 9600 so now I am only concentrating on trading for the short-term. I mention that since I dont want to give the impression that I am calling for the BIG DROP.

Seeya