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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude
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To: O-MY-O who wrote (32854)12/1/1999 1:29:00 PM
From: Doug R  Read Replies (3) of 79198
 
Ed,

This is the bottom I was looking for. I didn't expect it to be ushered in on that type of news but it does appear to be a long term positive development IMO.
ARDT's chart has been in an uptrend for over a year and IFMX had just started up on a MIMBO. Combine two charts that are going up and it results in a chart that goes up.
The 10/18 to 10/27 trendline is now the key to judge if this is a point for trend acceleration.
Doug R
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