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: jbhernandez who wrote (38599)	2/20/2001 1:17:21 PM
From: Doug R	Read Replies (2) of 79535

jb, DATM has established a chart formation (and verified it) that targets an intermediate to long term return 6 to 9 months is the usual from buy signal to target with this formation) to the all-time high. It did it once before from 1983 to 1995 with the buy signal coming in 1994: siliconinvestor.com After returning to just over the 1983 high it fell back into a cup with handle pattern...the low of the handle reaching back down to the buy location of the formation I'm referring to. Then it proceeded into the breakout from the cup with handle. Very solid history so far. The breakout produced a new all time high in 1997 and the price fell back again. The formation was repeated (only much quicker than the previous one) with a buy signalled in Dec 1999. siliconinvestor.com It's at a point now where a very low risk buy would use the Nov 99 to Dec 2000 uptrend line as a stop with upside potential being over 100% in 6 months or less. Doug R

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