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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

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To: Doug R who wrote (35550)5/21/2000 7:03:00 PM
From: bruce-l  Read Replies (2) of 79243
 
Doug:

The ratio is in dire need of breaking hard over 1.7 in order to instill significant confidence in taking bold long positions.

Ok , I fired up the lab and updated my spreadsheet with the RATIO data.

geocities.com
geocities.com

Interesting in how the trendlines off the in3drsi paste from 2/15/00 are effecting recent 3drsi action. Also have some major trendline intersections coming up around Thursday 5/25/00. The intersection is at 2.25. I really don't think the RATIO will get there by Thursday, but sooner or later it will have to deal with the 2 downtrendlines. Just some food for thought.

bruce
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