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


To: curtis christopher who wrote (28918)4/30/1999 1:49:00 AM
From: Doug R  Respond to of 79178
 
Curtis,

TSN:

First of all I'm currently biased against starting any long position here on anything that would be considered a hold for over a week or a week and a half. TSN is one of those. Under the general market risk/reward scenario of the previous several months, I would definitely have said TSN is a buy based on the chart to date. I can't say that now however.

SPF:

Given the time frame above, SPF is definitely one to keep an eye on. It's kinda obvious that a screaming buy for a short term trade will be in order soon after the open when it flashes a healthy uptick on volume.....but not until then.

Doug R