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 (38603)	2/20/2001 7:46:09 PM
From: Warthog	Read Replies (1) of 79537

HC - Horizontal Control scan notes. The 34 dma is moving sideways or slightly upward 3%max over the past 8 trading days. The 8 dma is moving sideways or slightly upward 3%max over the past 8 trading days. A lower band is created by using the 4 dma of the LOW. If the CLOSE is less than the lower band for 2 days, then by examination of about 60 hits, a probality of a gain in 2 trading days is 75%. If the CLOSE is less than the lower band for 3 days, then by examination of about 1 hit, a probality of a gain in 1 day is 100%. CEPH is the second hit that I have seen with the low closing below the band for 3 days. One can observe a lot by watching... wart

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