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: watchdogmm who wrote (34835)	3/30/2000 4:04:00 PM
From: Doug R	Read Replies (4) of 79237

Watchdog, The Naz is doing the magnet thing I had talked about earlier...bouncing from the bottom of the range seen on David J's Naz 100 chart to the top then back to the bottom again. It'll probably do this a couple more times....but not as drastically....I hope. The Dow is doing what I had talked about by closing the gap between it and the Naz. GLW cracked a good bit yesterday...I had talked about shorting everything if that occurred. I also mentioned how a nice meat and potatos stock like WMT looked pretty good. At the roundtable sessions in AC we'll definitely be going over some chart analysis of the indexes. I haven't checked yet but I'd say there are some obvious significant lines in the charts to use going forward. Lastly...I'm getting out of the 400 RACE, the 400 ECHO and the 400 ROHN I still have in the Philly Fund portfolio. I'm buying 400 ANET and using the remainder of the cash to pay down part of the margin debt I incurred at the onset of the "contest". See y'll tomorrow and Saturday, Doug R

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