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: hman who wrote (40095)	11/7/2001 5:03:26 PM
From: Doug R	Read Replies (4) of 79254

FOUR PTT: what's up with RGEN? Tiric: price?...heheheh FOUR PTT: volume pretty healthy Tiric: A drug to alleviate symptoms of autism is actually a large bit of probable fundamental hullabaloo Tiric: Coupled with the chart formation it appears they stand a very good chance at some type of success Tiric: Patience within this type of scenario pays offf much more often than not...RGEN has been stretching the limits of even my own patience though. Tiric: Targetline-wise...the target was hit at the high today so there is not much likelihood of immediate continuation. It may take another couple months before the upper 3s are seen....but then again, a break over the target line would lead to upper 4s in a couple months and that would be verification of prices over 10 soon after Tiric: It's a matter of flux and verification from here Tiric: Volume helps alot FOUR PTT: tnx Just don't rub it in with landisman how really patient one has to be sometimes...this ain't the late 1990's anymore. Oh yeah...and speaking of the late 1990s...the RR set up by the DJIA nearly hitting the ACT is a 9 month timeframe to 10,480. Considering that the near-hit on the ACT was 8065ish and we're now pushing 9600...there's already a major part of RR put in...very quickly. This situation allows for a new ACT somewhere along the line. I have witnessed only 2 stocks putting in back-to back ACTS in the last 8 yrs. (CADE and MTON) All others have gone into an extended period of supply/demand malaise. It will be exceedingly interesting to see if the DJIA can put together back-to-back ACTs. Doug R

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