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: James Strauss who wrote (1374)	8/6/1997 12:45:00 PM
From: Doug R	of 79563

ACTC impossible line: I can't find the post where that was asked. I'll have to keep better notes. Anyway, for whoever asked, I'll say it once more....a stock needs an established uptrend before an IL can be drawn. ACTC had no established uptrend before this burst so you'll have to fly by the seat of your pants. In other words, pick a reasonable target for a % gain you would sell at. Keep in mind the time value of your money and don't worry if the stock keeps going after you sell. Doug R

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