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


To: JG who wrote (29288)5/8/1999 8:35:00 PM
From: Safado  Read Replies (1) | Respond to of 79242
 
CADE, again, but this time . . .

(This a copy of a post I placed on the CADE board on Yahoo. However, I've seen CADE mentioned here several times recently.)

All things being equal, history tends to repeat itself. With CADE however, all things are no longer equal. They are better. The profit margin has finally begun to increase. Debt is down. Expansion is up. Stock buyback in progress. Internet stocks are stalled or falling. All these important facts are relatively new and never-before seen to CADE.

What isn't is this. Check the charts for yourself. The one year chart is deceiving. Open it up to three or four years.

Spring of 1996:

daily volume breaks 500,000
weekly volume breaks 1,000,000
MACD indicates a buy/goes green
Stock price rises from .75 to 2.00

Summer of 1997:

daily volume breaks 500,000
weekly volume breaks 1,000,000
MACD indicates a buy/goes green
Stock price rises from 1.50 to 3.50

Spring of 1998:

daily volume breaks 500,000
weekly volume breaks 1,000,000
MACD indicates a buy/goes green
Stock price rises from 2.50 to 4.00

Week of May 3, 1999:

daily volume breaks 500,000
weekly volume breaks 1,000,000
MACD indicator went green last Friday

The TA markers are there, primed and ready to pop. Add the great press release, improved margins, the aerospace sector rebounding, Boeing's (BA) on fire, Kosovo & increased govt. $$$ for the military, stock buy back in process, facility expansions all over, debt down . . .

Get the picture?? Even without the great new news in the paragraph above, historically, CADE would pop to $3.00 - $3.50 on the TA alone. With all the great news and people cashing out of the dot.com's . . . I'm hoping for a wonderful week.

Good luck all.



To: JG who wrote (29288)5/8/1999 10:34:00 PM
From: RWS  Respond to of 79242
 
" Poster does not seem to be too bright. Clearly said in jest. Jg "

Your own lightbulb may be dim. Sometimes the most incisive truth is most effectively delivered in jest. The intention of the poster and the content of the post can only be assessed in relation to their respective subjects. My own post was also in jest. The fact that LG's response was fiercely defensive is instructive.

Sardonic Regards

RWS