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 (584)	7/25/1997 11:41:00 PM
From: James Strauss	of 79600

BSMT.... >>The first one I put in came up with a score of 50; BSMT. The focal point is the 89 day CCI. It is triangulating toward an apex that occurs within 5 trading days. The weakest indicator is the stochastics with a score of 5. The long-term stochastics are fine but the short-term seems not so strong. Usually a stock with just one 5 in the score is a bit risky. The strong score will keep it afloat for a while so the short-term stochastics will have time to improve or die.<< Thoughts, info? Well, back to the blender. Doug R ***************************** Doug: This still looks like a short term neutral... There is little action in the moneyflow... I only buy a stock on increasing moneyflow... Jim

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