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Pastimes : Ask Mohan about the Market -- Ignore unavailable to you. Want to Upgrade?


To: Arik T.G. who wrote (17765)4/24/1999 6:14:00 AM
From: Haim R. Branisteanu  Respond to of 18056
 
Analysis of end of Day Closing prices and recommendations
in Rubins Tulips Market - the US market ignores the slowdown in
the European economies who are on the brink of recession. Inflation
there is up over 1% to 2.5% on average as a result of oil prices.

This is the most effective list, but validate signals. Results
are relative to the SPX and move relative to the SPX - Haim
from teh Mediteranian shores.
see more at the updated site bway.net

Today is 04/23/99 Remember this is a computer scan only

S&P Closed 1356.85
S&P Change -1.980

Recomandation Price Stoch. RSI RSI RS
Change ROC%

SELL SIGNAL ON CRF 9.625 88.889 53 0 -2
BUY SIGNAL ON DAL 66.562 19.255 48 0 4494
SELL SIGNAL ON HNZ 49.438 88.055 52 -6 -1
SELL SIGNAL ON RBK 18.938 87.845 66 -2 -187
SELL SIGNAL ON ERC 12.500 77.778 64 -7 -66

CURR PREV CURR STOCH
TICKER NAME CLOSE CLOSE Vol % %K %D RSI
------------------------ ------- ------- ------- ------- ------- -------
ADBE ADBE 63.500 61.812 106.755% 91.957 88.763 73.737
* PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE
AMR AMR 71.750 70.875 70.189% 90.909 86.300 66.545
* PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE
BEAM BEAM 15.750 14.062 165.435% 68.852 61.452 71.537
* PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE
CMVT CMVT 65.188 63.250 71.442% 75.279 60.101 63.656
* PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE
CH CH 11.750 12.000 25.401% 77.895 83.938 66.452
* RSI SELL
CRF CRF 9.625 9.625 27.211% 88.889 89.969 53.985
* STOCH SELL
CUM CUM 53.375 53.125 187.510% 92.633 93.580 83.377
* PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE
DAL DAL 66.562 66.750 57.132% 19.255 18.501 48.945
* STOCH BUY
EMF EMF 14.062 13.562 189.993% 85.119 81.740 81.785
* PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE
FAST FAST 47.375 47.500 148.410% 92.170 92.942 74.199
* STOCH SELL
FDX FDX 115.062 118.500 89.620% 92.347 91.514 69.550
* RSI SELL
GTK GTK 27.125 26.250 57.181% 68.504 64.504 63.413
* PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE
HIT HIT 71.875 71.312 29.305% 23.636 20.314 47.842
* STOCH BUY
HNZ HNZ 49.438 50.688 60.133% 88.055 89.047 52.687
* STOCH SELL
HWP HWP 77.125 76.625 102.468% 95.871 92.241 67.808
* PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE
IGT IGT 17.000 17.250 426.276% 78.431 77.101 57.565
* VOLUME BREAKOUT 426.276 PERCENT OVER LAST 30 DAYS
IMNR IMNR 10.062 9.250 149.059% 78.095 73.158 60.534
* PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE
ISL ISL 14.188 14.125 33.529% 94.545 94.390 79.873
* PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE
JCP JCP 44.562 44.000 36.167% 88.258 84.558 67.329
* PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE
KM KM 15.562 16.188 371.241% 27.586 30.090 38.740
* VOLUME BREAKOUT 371.241 PERCENT OVER LAST 30 DAYS
KYO KYO 59.812 58.500 139.422% 84.770 83.693 68.151
* PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE
RBK RBK 18.938 19.125 129.824% 87.845 88.597 66.955
* STOCH SELL
ROK ROK 51.938 52.562 82.704% 89.818 90.533 69.260
* RSI SELL
TMX TMX 71.562 70.875 105.147% 97.614 96.609 66.710
* PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE
WFC WFC 42.750 42.688 53.973% 97.205 96.587 70.948
* PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE
WMS WMS 10.000 9.938 187.462% 97.222 94.702 70.450
* PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE
X X 30.625 29.750 90.407% 87.500 83.698 75.686
* PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE
PD PD 62.062 64.562 123.180% 82.933 80.905 69.006
* RSI SELL
PIXR PIXR 42.000 41.500 317.454% 79.851 64.223 59.306
* VOLUME BREAKOUT 317.454 PERCENT OVER LAST 30 DAYS
KMET KMET 14.875 14.750 35.705% 78.344 79.330 70.637
* PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE
* STOCH SELL
IRF IRF 9.500 9.750 59.245% 76.829 80.032 65.421
* RSI SELL
CUBE CUBE 22.875 21.062 172.565% 78.641 71.104 63.687
* PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE
IBM IBM 199.750 194.500 193.461% 73.892 56.697 68.521
* PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE
KOR KOR 23.125 23.062 84.234% 91.000 89.581 70.882
* PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE
ODP ODP 20.000 20.000 56.551% 18.927 17.235 39.124
* STOCH BUY
ERC ERC 12.500 13.250 115.958% 77.778 81.659 64.057
* STOCH SELL
* RSI SELL
CBS CBS 45.812 44.375 72.687% 75.786 62.866 66.651
* PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE
CD CD 20.062 20.750 170.884% 92.576 87.478 65.583
* RSI SELL
GLM GLM 13.750 14.625 52.411% 91.626 89.365 63.764
* RSI SELL
AMZN AMZN 210.125 190.062 244.368% 81.573 69.568 66.738
* PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE
EBAY EBAY 200.125 172.000 263.311% 69.225 60.982 66.481
* PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE



To: Arik T.G. who wrote (17765)4/26/1999 8:59:00 AM
From: Cynic 2005  Read Replies (3) | Respond to of 18056
 
Arik, a few more "contrarian" thoughts.
At each of the two critical turning points in the last two years, there were quite a few TA measures yelling "screaming buy" and only one or two measures which indicated an impending disaster. In October 97, the impending disaster was indicated by the traditional NH/NL indicator. In July 98, a combination of advance on poor breadth and a NL-NH turning decisively negative the day after an all time high for both DOW and Nasdaq. In 1999, thus far, both of these measures failed as we have seen no significant correction.

So, I am thinking that we will have all the "screaming buys" intact. In fact more pronounced than in early oct of 97 and mid July of 98. True for now: improved breadth, return of the cyclicals, re-established "leadership" by AMZN (I already feel very dirty -g-). However, this time we may or may not have any indication of an impending disaster. In fact, I am thinking that a possible "red-alert" indicator this time will be "all (TA) systems are a go!"

It looks that way - as of Friday's close. So, me thinks that the lightening is about to strike. The storm is going to look pretty potent when it first shows-up. It will not strike so hard at that first appearance. Casualties may be limited. Then every one will return to the golf range. Then the real storm will hit and obliterate many on the green.

BTW, didn't we have a storm warning on Monday, April 16th?