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

To: BigLouie who wrote (26035)	1/29/1999 11:30:00 PM
From: Instock	Read Replies (1) \| Respond to of 79230

Speaking of the NIGHTLY BUSINES REPORT, HNV was mentioned on tonights show. Just a small mention about volume and Internet related stock. HNV had a nice strong day today: quote.yahoo.com ( Almost 4 times Normal volume, nice move up today ) Very strong Insider Buying: biz.yahoo.com Hanover Direct is a direct specialty retailer that publishes mail order catalogs which offer men's and women's fashions, home furnishings and other general merchandise. Hanover Direct can NOW be found on the Internet. Excite and Yahoo show case the company. HNV SI Thread: Subject 24523 Business Week as well as SI's own Doug R. Call HNV a Strong Buy. Any Comments? Thanks Instock

To: BigLouie who wrote (26035)	1/30/1999 3:47:00 AM
From: Doug R	Read Replies (1) \| Respond to of 79230

For those who have the SMI in their TA arsenal, here's a synopsis for the last couple weeks on PVII that might help you better understand how to "read" it: There are two instances since 1/15 where you can see a definite move in the making. First, the 8, 21, 13 and the 13, 25, 2 are both moving up. The 8, 21, 13 is the slower of the two and it is under the 13, 25, 2 where it should be on an uptrending stock. The 3, 2, 1 is the fastest of all of them and it makes an initial move, crossing over the 4, 2, 3 and the 8, 21, 13 on the 19th while the 2, 1, 2 also turns up, and the 4, 2, 3 and 5, 3, 5 both hinge. There is the beginning of increased seperation between the 8, 21, 13 and 13, 25, 2 as well. There was also an increase in volume on the 16th. The next day (1/20) the overall movement of the indicator grouping strengthens. Then there's a gap up on the 21st after this strengthening. The shorter terms reset the next day after a little pullback while the 5, 3, 5 moves into proper alignment and the move resumes on 1/25. THEN things really get good. On yet another up day on 1/26, the volume is very strong AND the shorter terms begin another reset. Remember this reset starts on an UP day. The 4 shorter SMI's all pull back as the price moves down a bit on the 27th and the whole crossover process begins again on the 28th. NOW...the 6 different periods have "paired up" with seperation between the longest two starting to grow again. The shortest two are right at a crossover and are above the middle two which are themselves right at a crossover of their own. With all 6 periods "juiced" like this at the same time, investor expectations are high. There is a good deal of overall emotion behind the stock here. Just to throw in a curve...the current configuration is such an obvious buy signal that if it were to fail, that failure would in itself be another signal...a sell signal. Either way, because of this, I now know exactly what to do with the stock going forward on a short term basis no matter what happens. Doug R