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Strategies & Market Trends : CHARTS AND TA, A UNIQUE APPROACH -- Ignore unavailable to you. Want to Upgrade?

To: flickerful who wrote (1381)	4/1/1999 12:36:00 PM
From: stan s.	Read Replies (1) \| Respond to of 1391

Huh? Can't you see I'm busy throwing pebbles in the water and watching the...oh, it's you flick. Okay I'll take a look, have to finish excoriating WIND first! Stan

To: flickerful who wrote (1381)	4/4/1999 7:28:00 PM
From: stan s.	Read Replies (2) \| Respond to of 1391

RCNC, as a short term trade I would adhere to the 6-10 weighted moving average cross when it confirms leading momentum signals. Buy as the green crosses above the red and sell as it dips below the red. (By the way the colors may be off, I did these on a notebook this time) geocities.com This system works well in stocks with wide movements. In this case RCNC has already signaled sell with the early mo indicators, stochastics, williams %r, cci, etc....perhaps prematurely. The moving average signal was poised for a sell Friday and backed off...for now. As you can see this signal has worked well in the recent past. Note that the SAR (dots) aligns it's buys and sells pretty closely. The dot under price is a buy, when it's over the price sell. It gave a technical sell two trading days ago. If I did not own this stock, I would wait for a rally and close over resistance at 39 before I bought. The exception being if it falls back to support at 32 or wherever and holds and resignals a buy. If I'm playing this as a longer term investment I would watch the weekly chart and wait for a similar signal...something like a 6-10 weighted cross or the MACD. Remember these signals then become period moving averages, ie 6 week over 10 week etc. or on a daily chart I guess you could plot it 30 day and 50 day. Using a weekly chart system lessens your buys and sells, the last signal on RCNC was a buy in late December. Obviously this system doesn't work well on flat stocks. geocities.com Looks like a nice chart. Good luck flick. Stan