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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 (29878)5/24/1999 5:14:00 PM
From: ivan solotaroff  Read Replies (2) | Respond to of 79449
 
MTON

Noticed something about the long chart, which I hadn't looked at for almost a year:
bigcharts.com
Look at the high-vol. break out around New Year '99, and back-test it along the 9/96-4/98 highs. What would you call that? HRPL? (Hyper-Retarded Peg Line?)
Feel like I'm getting robbed on the HNV non-bounce today:
http://http://www.iqc.com/chart/multichart.asp?w=600&period=180&time=day&chart=line&chart1=bb&i0=3&i1=6&i2=2&i3=4&s=linear&symbols=hnv
Some fund-schmuck praised it on CNBC, volume went balllllistic for half an hour, and price went ...
nowhere.
I know, I know, stay out of the market till it finishes dropping.

Ivan



To: Doug R who wrote (29878)5/24/1999 6:32:00 PM
From: David Smith  Read Replies (1) | Respond to of 79449
 
Doug, please take a look at this chart:

The stock is RIMM...this is an almost unknown company that is the leader in wireless stock trading. With increased trading hours, this company's revenues should rocket....chart is on a breakout on big volume. Some people are predicting this thing could pull a NITE or EGRP, same kind of explosive earnings.