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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

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To: Doug R who wrote (41349)7/29/2002 1:00:29 PM
From: Doug R  Read Replies (4) of 79317
 
Looks like a good day to take the profit on GE from last week's entry.
DJIA is back over the ACT so RR is certainly possible
But that's as far as I'm willing to commit at this point...just "possible".
Continued upside would signal a bit more safety for more long entries. If RR takes hold there'll be plenty of time to participate.
How any pullback from here behaves in relation to the ACT again will also be useful.
This is a good point from which to make an assessment based on activity in either direction.

Doug R
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