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

To: jsavage who wrote (28109)	4/6/1999 12:09:00 PM
From: Doug R	Read Replies (2) \| Respond to of 79270

Jeff, "Extra Furry" would be a signal that drops out at the close on one day with the stock extending the bar downward on the next and THEN putting in a solid signal. Ivan bought EDFY as close to the close as he could only to watch a new low with the bid sticking on that new low in the final seconds...(an occupational cat hazard is to attempt entry as late into the signal day as possible only to watch the closing activity fail to stick). Now EDFY has grown a bit of bottom side stubble and is attempting to put in a hopefully valid signal off that bit of downward extension. It's a (cat)nip and tuck situation he's in now. As usual...volume is the key. Doug R