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: Dave H who wrote (9274)	12/15/1997 10:44:00 AM
From: ivan solotaroff	Read Replies (2) of 79382

Dave: Who'd've thunk it? RECY also broke through not only the 50dMA on Friday but the 70d. I'd posted Doug on Wed or Thurs about my concern that the Bollinger bands were tightening a noose on RECY. On Friday, it hanged. Good thread: cbs.marketwatch.com Still in there, though with a feeling that I missed a max sell at 13/16. Sorry, 'nuff posts. Ivan PS: I drew a trendline between the lows of Friday and the crash day and noticed that retroactively it indicates support for the closes of 9/4 and 9/5, which were high-volume days that became the retest of the breakout. Don't know if it means anything or not. So many lines ...

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