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

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To: BigLouie who wrote (9491)12/20/1997 4:07:00 AM
From: Doug R  Read Replies (1) of 79382
 
Mario,

I'll check it out this weekend. A nice TA signal was given for AMVC. The 13 day RSI nudged below 20 and the price is BELOW the 13 day Bollinger Bands. This is a great place to avg. down even if all you want to do is break even with as much a loss on the first trade as there was a gain on the second. I expect better returns than that if volume expands nicely when it moves up.

Doug R
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