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

To: StockOperator who wrote (9662)	4/2/1999 7:15:00 PM
From: TWICK	Read Replies (2) \| Respond to of 99985

Righto, I went back to my charts to verify my indicator settings, volume on this Friday, and re-checked key support levels. I still see support here at 100. I have to agree with j.o., that heavy volume and the price dropping on Friday is a bearish indicator. With that said, I see the next major support at around 75. I did compare my settings to other services on the web, and I may be a bit early with my buy signal. Although my stochastic indicator has reached bottom, it has not turned around, and my MACD is still lagging a bit behind from forming a solid bottom. I could be full of garbage since I'm still learning the T/A side of investing. Any feedback is appreciated, so I can learn. Cheers.

To: StockOperator who wrote (9662)	4/2/1999 9:36:00 PM
From: Jack Luo	Read Replies (1) \| Respond to of 99985

StockOperator, NSOL is forming a small symmetrical triangle which usually indicates a further downwards movement in a decline trend. It looks like already slightly below its base trendline. Next Monday will tell where it goes. If it doesn't hold, 75 will be the 1st support. Just my charting reading for sharing. Jack

To: StockOperator who wrote (9662)	4/3/1999 11:23:00 AM
From: pater tenebrarum	Read Replies (2) \| Respond to of 99985

re: nsol as i have written on other threads, i have studied the tape action on nsol in the past few trading days and it looks good to me. what aroused my curiosity in the first place was the negative report put out on nsol by a prominent short-seller, which produced the recent downward move in the stock. in my opinion, what this self-serving report mainly achieved was providing us with an attractive entry point. look for a strong march quarter from nsol. greetings, blasnik