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: Mike Woelfer who wrote (11039)	1/22/1998 3:35:00 AM
From: Doug R	Read Replies (4) of 79371

Mike, I agree 100% with Myron's take of BOSCF's technicals that he posted on the BOSCF thread. One thing to add is the breakout of an inverted H&S in the 13, 8, 8 stochastics may mean something's up in the next 2 or 3 days. As Myron said, the shorter stuff is not extremely supportive after today but that could change at any given time. At the least, that breakout shows downside should be limitted now. That volume may be related to IBM's activity. BOSCF and IBM have a relationship. I don't know if it is affected by an earnings report but the selling was gobbled up nicely so I expect it isn't. Doug R

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