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 (9272)	12/15/1997 9:59:00 AM
From: Dave H	Read Replies (3) of 79378

Hey Ivan, it was great to meet you too! I arrived home at around 2:30am, but of course I couldn't sleep so I started looking for mimbos, drawing ILs, etc. it was definitely worth it, more worth it than everything i've learned on the threads put together beforehand! regarding recy, since 6 1/4 is based on closing prices it's actually lower than the line I am looking at. imo if 6 1/2 is reached again intraday, that would be confirmation to get out. It would be a second indication by what I see as smart money that the dynamic driving recy is changing... there are so many people wanting in on recy right now at bargain prices, it will be easy for the close to hide this shift. so far, recy is holding up, but keep a close eye on it.... re amvc...just picked some up at 2 1/16, so yes, hopefully i'll be seeing you there! regards, dave

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