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

To: Alski who wrote (30046)	6/3/1999 3:37:00 AM
From: Doug R	Read Replies (2) \| Respond to of 79236

Alski, So, who did the C's and what are the targets? Inquiring minds want to know! Ummm, er...aaahhhh.......that would be me. CMED went into hyperaccumulation mode after the 5/18 breakout. It was only a matter of time. I had 42 stocks to analyze for the Project this weekend. The technical elimination process left me with 15. Here's the % potential over Friday's close for the 15. Keep in mind that the % potential requires the stock to move over Friday's close on significant volume first. AMBI...28.57% MOVI...24% RADIF...21% RICK...26% (RICK jumped over the target) COLM...8% CYBX...56.78% (shhhh) MTON...23.96% MTSN...16.87% AAGIY...28.07% CCUR...29.63% CPU...22.3% MMG...20.3% MWL...14.76% RENT...30.15% ADIC...28.92% The % potential figures for these stocks approach the optimistic side and are dependent on volume. The time frame is 2 weeks or less. CMED was a carry-over from the previous week from which I had 32 stocks to analyze. 25 stocks from all participants made it into the portfolio from that weekend. 20% (5 stocks) achieved double digit % gains during a week that was generally miserable across the averages. CMED was not one of those stocks. It did, however, maintain a very bullish chart and followed through this week. I expect APOG to do the same shortly. techstocks.com The price target on CMED is 18 1/8...34.26% above the 5/21 close of 13 1/2. Doug R