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 (33140)	12/22/1999 4:45:00 AM
From: bazan	Read Replies (1) of 79237

<<MLIN, being a MIMBO, has an intermediate term target (6 months or less) of just over 20. >> Now, who has time to wait 6mo?. I want my $ tomorrow<g>. I'll settle for a $10 in by Thursday. The feeling of being left behind while Nasdaq zooms is making me ill<g>. <<It's moving up to set the first anchor for a Pegline. That first Pegline is usually the toughest to break over and also the last best place to get in when a breakout occurs. When it's done setting this anchor, a pullback followed by an attempt to break the Pegline should be watched for to add or enter or re-enter.>> In English, what does this mean <g>? I presume entry/re-entry (pegline) would be between $9. Regards, bazan btw - Thanks for your analysis

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