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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 (28915)4/29/1999 6:09:00 PM
From: MikeD  Read Replies (1) | Respond to of 79177
 
Doug, many thanks to Peg for the alert, EAII had a very strong finish with a buy signal. Could you comment on the TA from here? Projections? Thanks.

MikeD



To: Doug R who wrote (28915)4/29/1999 6:30:00 PM
From: Cornstock  Read Replies (1) | Respond to of 79177
 
Yep. Thanks. By the way. I want to talk to your wife about the things you say on SI!!!! lol



To: Doug R who wrote (28915)4/29/1999 9:46:00 PM
From: MikeD  Respond to of 79177
 
Doug, Let me answer my own question re: EAII. EAII is a classic PGBCEB. We already had the GAP, we have had pre-signal, today was the signal (and for some entry), since today was the day of the lowest low since the "fall" and a larger volume over the past 3 days and the close was not on the low...today was the buy signal. (Thanks again Peg!)

The rest are your words posted Dec 9, 1997: "entry: The day following the signal day often gaps up. If there is no gap up, the day after the signal day is a safe entry point. If the stock does gap up, it is best to wait for the gap to close before entry. If one is tracking a potential PGDCEB after the gap down, it will be possible to buy NEAR the close of the signal day if it is obvious that the volume requirement will be met AND that the bid has moved off the low.entry: The day following the signal day often gaps up. If there is no gap up, the day after the signal day is a safe entry point. If the stock does gap up, it is best to wait for the gap to close before entry. If one is tracking a potential PGDCEB after the gap down, it will be possible to buy NEAR the close of the signal day if it is obvious that the volume requirement will be met AND that the bid has moved off the low." Is this about it? Am I missing something?

Will the beating of earnings estimates by .02 bring a gap up tomorrow morning? We'll see.

MikeD