The 56 Point TA; Charts With an Attitude Message Board

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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

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To: Doug R who wrote (31441)	8/3/1999 4:54:00 PM
From: ivan solotaroff	Read Replies (1) of 79317

RSTO This one did signal today. Missed it, though tomorrow a.m. may be a good second chance. This is a nic'uns little kitty so far. 17.8% on its first try (6/15), in and out cleanly in three days on the Volume+1 Exit Method. Lots of belly-floppers today: In addition to WDC and CELL closing just off the low, CNDR closed on it, and CDN, ARM, WMI, and SBUX continued to hemorrhage without a sign of the bottom. At the Philly seminar I mentioned that a cat's-eye view of the market showed it as being way too high (half of the cats were 50 to 400% up from their signals, which is unnatural). I was way early on that: the market went on to weeks of new highs after that, but that situation is now about halfway rectified--again, strictly from a cat's-eye POV, whatever it's worth.

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