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

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To: philip maun who wrote (2575)8/23/1997 3:47:00 AM
From: Doug R   of 79396
 
Phil,

You're right about the divergence. It's in all the indicators but fortunately there are no sell signals so far. There is a "classic" pattern of divergence to watch for that tends to indicate a top. So far LTXX has made a higher high on lower technical strength. If the next move up to a higher high is accompanied by technicals that are higher than the most recent top but lower than the one before, keep a close eye on it.

Doug R
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