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 (32295)	10/14/1999 3:33:00 AM
From: Doug R	Read Replies (3) of 79200

For all those playing the RR on GRIN: % RR was 60% from 10 since the IL violation precipitated drop from the high to the ACT was from 30ish to 10ish (;-)). Price dropped below the ACT by a known % so that % is subtracted directly from the expected RR from "10ish". The resulting target was hit today so until GRIN can put together a viable chart pattern and then break out of that pattern to the upside, it will be a dog. Thanks to HF (a seminar grad) for spotting the activity. Also...from HF on the same subject...TMAX has confirmed RR. Same industry...same chart. IL violator that returned to the ACT and has now lifted off the ACT toward a nearly identical RR. Congrats to those who got some, Dpog R

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