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

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To: Dave H who wrote (9378)12/17/1997 2:46:00 PM
From: ivan solotaroff  Read Replies (3) of 79378
 
RECY ... For the long-ter ... excuse me, sir, d'you have the time?

Dave:

I'm drawing trendlines with a magic-marker and a straight-edge, so forgive me if I'm off by a (probably all-important) teeny, but: RECY, after breaking that accelerated trendline, is now hugging it with the beginnings of a new uptrend (higher lows for three days, though that was broken today).
If I had to give it a technical recommendation, it would be: Hold For 15-minute intervals.

Ivan
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