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 (8281)	11/23/1997 3:59:00 PM
From: ivan solotaroff	Read Replies (1) of 79556

CADE "It may be that failed IL reaction rebounds are a Q-PGDCEB and as such a PGDCEB-like signal day is the required re-reversal circumstance." Doug: That's definitely my intuition, in the case of CADE, at least--and that, even though I'm just going on gut feel about what constitutes an IL till Wilmington. The paucity of volume in this two-week "downtrend" (which I, again intuitively, feel is actually an "aggravated," correction-like downDRAFT from the original uptrend, and not a true downTREND) is what for me signals the end of the recent movement. That, plus the boing-boing way it bounced off 3/8 on Friday, is what got me thinking about the feline aspect. Ivan PS: I'm confirmed for Wilmington. How long is the drive from NYC?

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