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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?


To: John Miz who wrote (7815)6/2/1999 3:19:00 PM
From: Kevin Shea  Read Replies (1) | Respond to of 57584
 
To add a technical twist to "super sam", the current pattern is a pennant, which, when occuring as price advances, is bullish. This pennant is following the "classic" set up....suggesting that continued upward advancement is likely..

Standard disclaimer.....



To: John Miz who wrote (7815)6/2/1999 3:22:00 PM
From: Rande Is  Read Replies (1) | Respond to of 57584
 
John, it makes a bit of headway, then somebody sells 3000 shares all at once. . . slowly and steadily it continues upticking then somebody dumps another 2000 shares all at once. . . look at the Time and Sales logs and you will see what I mean. . . if we keep our selling to 500 share chunks spread out over a few sixteenths. . . we will not see the volatility in the Super SAM.

And you are right. . .the market has been lousy all week long, yet we have seen regular daily gains and slow steady upticks.

Not bad at all. . . .same on IRSN, ARTT and RDOC.

Rande Is