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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude
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To: Ken W who wrote (9550)12/22/1997 1:19:00 AM
From: Doug R  Read Replies (2) of 79308
 
Hi Ken,

Before you start going long all over the place on me, I just went over a TA of the Dow and it has set up a very good possibility of another breakdown during the last week of 97. I'll have to cover myself and say that it may even be sooner.

That said, I like the PFINA chart and the prospect for a good gain is certainly there. I think I'm going to go on the cautious side this week and put some more air in my life raft.

Doug R
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