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: ivan solotaroff who wrote (7560)	11/12/1997 2:48:00 PM
From: Doug R	Read Replies (1) of 79383

Ivan, The higher low is in relation to the 10/10 low. After this move up you can expect it to back off. The bottom of that backing off will be the higher low. You can probably expect a 50% or 66% retracement of this current move. The volume on the higher low day will probably be very small and the trading range will probably be tight. So what did IBD have to say? They didn't steal too much from me did they? >>gg<< Doug R

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