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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 (30053)6/3/1999 3:44:00 PM
From: ACAN  Read Replies (2) | Respond to of 79237
 
Doug; catz

SWLDY - appears safe to signal, volume good, bid off the low.

SCIO - new low, insufficient volume, unless it can get over
another 100k or so.

Allan



To: Doug R who wrote (30053)6/3/1999 10:51:00 PM
From: Alski  Respond to of 79237
 
Dougr,
Thanx for the targets. That's real helpful.

About CMED though. I'm guessing you used the distance form the low on 4/9/99 to the IHS neckline to get that target. Did anybody notice that the recent IHS is a right shoulder of a two year IHS (highs on 6/19/97, 3/25/98, 12/22/98, and 6/3/99). Yep, bounced off that neckline today before closing unchanged.

SO, was today a blow off top or does the little IHS BO give it enough strength to push through the big IHS neckline and create a "next" technical target around 23 1/2? That would be another 47% or so from here, iff it can bust through that resistance.

Alski

P.S. CYBX made good progress (+8.5% today, 17.3% so far) towards it's 57% target today <VBG>, but not without shaking out a few week hands first!