Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: freelyhovering who wrote (27525)	3/21/1999 4:04:00 PM
From: Doug R	Read Replies (1) \| Respond to of 79214

Yep Myron, You nailed one there. MACE was indeed a MIMBO at 1.70. It ran to 3.25 on the initial BO enthusiasm to set up the Peg line. Friday's high ran headlong right into the Peg line and stopped. The volume and technical profile suggests a break over the Peg line is fast approaching. The 89, 3, 5 is in the process of crossing up while completing a sneaky little IHS just over a value of 70. That's an excellent place for a break out to occur. The 2, 1, 2 looks great as does the 3, 1, 2 the 4, 3, 2 and the 13, 8, 8. That should propel the 89, 3, 5 through the neckline. The 3 dRSI just barely pulled out a down trend break out that you almost need a magnifying glass to see. Those are the best kind IMO because the break out hasn't used up any momentum yet. The SMI multiplex is just where Bdog and Craig like it. The SMI scattergram (from which the multiplex is derived) is absolutely screaming and is the most bullish of the indicators on it. There's a rabbit signal on it as well. I'd say the minute it breaks over the Peg line...it's gonna run at least to the initial target line at 4 1/8. Very nice find, Doug R

To: freelyhovering who wrote (27525)	3/21/1999 5:42:00 PM
From: Ceedee	Read Replies (1) \| Respond to of 79214

Looks really good Myron,it came out of that contracting triangle on the upper side.Good luck...