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: Michael L. who wrote (9370)	12/17/1997 2:02:00 PM
From: Doug R	Read Replies (2) of 79429

Michael, ORCL is a "safe" short until the PGDCEB signal day. The fact that the price is above 20 would lead me to believe that 20 will be pretty strong support so even though it's safe, it may not be very profitable. For AMVC, go back to the chart and draw the trendlines, (or use the one from the seminar package) and you'll see it's just about right on support with another uptrending support line not far behind. You'll also remember from looking at the MIMBO charts that patience is the key when buying a MIMBO. I'd like to see more volume here too but I'm not worried about it. Doug R

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