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: bdog who wrote (32717)	11/21/1999 12:01:00 PM
From: Doug R	Read Replies (1) of 79230

Bdog, Here's a post that might give you some hints on TC. Message 11930234 The line I used is from the 4,3 %K low on 10/7 to the high on 11/3. The line reached "clearance" on 11/15. That prompted the price to move from 14 13/16 to 17 1/2 in 2 days. Now try a line from the 4,3 low on 10/27 to the high on 11/17. That one looks pretty good but could be adjusted to the low on 10/29 to either the high on 11/10 OR 11/17. The mess created by the different interpretations is why nobody has received any formal training in the method. It hasn't been exactly formalized yet. In Orlando I showed it to Milesov. We went over it on a bunch of charts so he has a decent understanding of it. Maybe he'll drop in and offer his opinion on the current situation. Doug R

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