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: Samuel J. Bennett who wrote (2581)	8/23/1997 12:15:00 PM
From: Doug R	of 79388

Sam, KEI just accomplished an intermediate-term breakout on Fri. The volume is a little suspect though. Did you save my e-mail to you from about a week ago. I forgot to save it and would appreciate if you post it or forward it back (?) to me. Anyway, the chart breakout is accompanied by technical breakouts so it should keep moving and if the volume picks up it could get over 12. A major long-term breakout occurred just last Tuesday and the follow through is providing alot of momentum. The MA/MLR crossover in June was very nearly an optimum one so that's good. The 8 day Bollinger Bands seem to be the period to watch for this move. That still looks good. The 55 day CCI has not yet broken above +100. It's currently at +79 and climbing. If the +100 is to offer any resistance that is probably where KEI will take a breather. Once it gets over +100, KEI will move REALLY nicely. The RSI is in good shape. KEI looks pretty darn good Sam. Doug R

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