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: Esteban who wrote (9797)	12/30/1997 8:16:00 AM
From: ivan solotaroff	Read Replies (1) of 79243

Esteban: I knew something was keeping me from OXHP; looked back at the chart: It gapped a second time on 12/9-10. That's why I haven't looked at it seriously until now. One of my (tentative) rules so far is that a second gap leaves open the possibility that extreme panic has not left the building yet, making it not a DC but a FK (falling knife). BIG DIFFERENCE. SGI, on the other hand, most definitely did signal yesterday. To finally answer your Q this morning, I'll definitely be looking at SGI. I will not even bring up quotes for OXHP lest I be tempted. Sorry for all the posts yesterday. Ivan

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