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: James L. Fleckenstein who wrote (36108)	6/29/2000 4:39:00 PM
From: Doug R	Read Replies (4) of 79383

Hi Jim, It's good to hear from you here. That Bill would like a metals stock is consistent with the propensity toward bearish market stance. If the market crashed, metals would run up. SWC has pulled back quite a bit to a long term uptrend line. If it falls below the 26 to 26 1/2 range...buy bank stocks and tech stocks cuz that would tend to signal that the economy won't be overheating and interest rates won't go through the roof. As it stands, SWC is at a low-risk area on the chart if 26 is used as a stop. I may get to Dallas one of these days. I'll definitely let you know. Doug R

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