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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude
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To: freelyhovering who wrote (31444)8/3/1999 4:43:00 PM
From: Doug R  Read Replies (4) of 79230
 
Myron,

CMNT:
When the ACT is broken that convincingly, you can be pretty sure the RR will not occur. The ACT will be resistance on any bounce. I expect it to move back up to the ACT to test resistance at least once very soon. Now, the position trade on it would be to buy on any further weakness with the ACT as the target. That should be good for about 25 to 30% over about a week.

Doug R
PS; Your Attitude manual will be arriving within a week
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