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: Dave H who wrote (10184)	1/7/1998 1:01:00 PM
From: ivan solotaroff	Read Replies (1) of 79183

Dave, ABTX' ACT runs from the lowest date in Nov. (I can't get to a charting service that gives me exact dates) through the first trading day in Dec., unless it just shaves off the second lowest day in Nov (the day after), or three days after that (I can't tell from my charts. It doesn't really matter: They're all very much on the same plane up.) The IL runs parallel, as Doug says; it's still a point and a half below where you are now, which is why I said you needed spherical things to play ABTX at 19. I'd hold tight with your RECY short up to about 6 1/4, which was former support, is currently the highest downtrend I can eyeball, and should now be all the resistance you'll need to show a profit, if price should somehow get up that high. LOL (though I don't think you'll need it), Ivan

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