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


To: Doug R who wrote (28577)4/17/1999 3:14:00 AM
From: Warthog  Respond to of 79225
 
dougR

Scan Results:
3 week x 14 week RSI followed by MACD xovers:

ABTX ABX ADM ADTK AGU BEV BKE CAE DROOY ECO ENBX GFI HANS JKHY
MICA MISI QDEL SMD SMTL SYMC TFRC TMAR TMED TSST USFC WDN YORK

note: twice as many as last week, related to small cap buy signal??

wart



To: Doug R who wrote (28577)4/17/1999 3:41:00 AM
From: bdog  Read Replies (4) | Respond to of 79225
 
Doug and thread, I am not able to get a Q+ download here so Comkey will be late... tried both sites???

But I am able to give a TA on lil'dog though...

Looks as if pulling out of a double bottom.
RSI gaining strength.
ADX rising with a PDM crossover.
Stochs, CCI and MACD reversing.

A weak Mag was put in today after rebounding from a test of a major magline. Weekly buy still in place.

A battery of scans are mostly negative with a few divergent ones still in progress. SMI and Power Tool backtests having superior results with prospective IL/ACT reaction showing profitable future.

Trendline breakout after a pop-sickle infusion.

Nintendo addiction is imminent after 2 technically inclined dogs decoded seemingly useless contraption.

Head technician wants to keep him in the chart room another day for HTFevor observation as the cause for the sudden correction is still unknown.

Money flow is an insurance thing...>g<

Again, a BIG thanks to ALL for your prayers and thoughts.

bsmilingdog



To: Doug R who wrote (28577)4/17/1999 1:20:00 PM
From: Alski  Read Replies (1) | Respond to of 79225
 
Dougr,
Thanx for the replies. Sheesh is right! Perhaps another chapter might be found in the gold mines? Did you happen to notice the wee buying frenzy Friday? Gold may not be ready for long term recovery, but might there be some good plays there during a correction? That would be traditional after all. NEM and ABX come to mind. I probably won't have time to do any TA this weekend, but both of those seem to be "suffering" from IHS breakouts. The oil patch and oil services could be showing some strength too. Might there be some other issues in traditional "safe haven" sectors that are already set up for a good rally, where a correction would add fuel to a fire?
Alski