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: bruce-l who wrote (41589)	10/30/2002 11:43:44 PM
From: Doug R	Read Replies (3) of 79230

Bruce, Lots of charts have definitely gotten too low and have worked themselves into a nicely wound up state...yep. If you remember how to do TC, look for those. ISSI is a good example here. 2 shots of TC over the next 4 days on it. The ACT on the Dow is around 8530. The 200 dMA is around 9024. If there's a break over the ACT and a good retest of the break, it might be that the dow will take a crack at the 200. If the ACT is seen as resistance instead, a trip back to 7500 would be likely. Actually, either way...7500 is likely. Either after an attempt on the 200 or upon a failure to break over the ACT. should be lots o fun. Doug R

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