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

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To: Galirayo who wrote (8540)11/29/1997 3:07:00 AM
From: Doug R  Read Replies (1) of 79326
 
Hi Ray,

Long time, no meet! I've lurked on your thread often. I truly admire your dedication.

The overbought I get is for the VERY short term and as I said, it's not necessarily a problem. I used a 2 day RSI, a 2,1,2 stochastichs and a 3,2,1 stochastics momentum indicator. I was only providing a downside bailout point along with the short-term upside potential. I have followed BJCT for over a year now and I am very upbeat on the story and the potential for the fundamentals. The long-term stuff looks very good but with the price below the 89 day moving linear regression line but above the 89 dMA, the short-term looks like a wait and see.

What's your take on APCO and QUST at this point (technically speaking)? DIGL is also one to watch.

Happy Thanksgiving,
Doug R
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