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: ACAN who wrote (40155)	11/18/2001 10:34:30 PM
From: Doug R	Read Replies (1) of 79210

Allan, The MIM for LB peaked on 6/12/01. BO came on 10/8/01. The subsequent activity where on would expect a move back down to the MDTL went until 10/25. During that time it did not actually get all the way back to the MDTL. The first Pegline is anchored to the 10/10 high. The price closed right on that line on Fri...11/16. Very nice action so far. Were you at any of the seminars where I mentioned that you'll very often see a short-term head and shoulders form right after a MIMBO? Well...whether you were or not, LB has it now. The current Pegline of interest is anchored to the head...at the 10/29 high. Once over THAT Pegline (probably at around 4.63 later this week) it'll be a screaming buy. Nice find, Doug R

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