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

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To: freelyhovering who wrote (11104)1/22/1998 2:27:00 PM
From: Dave H  Read Replies (1) of 79296
 
Myron,
Doug posted later saying he meant the ACT should be support, not resistance, so don't go our shorting it yet! It would probably be a great short if it fell *below* the ACT but as of now it's still above, and it could actually still be played for another bounce if it gets that low. I haven't checked where the line is now but I'd imagine it might have made it up to 13 by now. Will have to look closer this evening....

-dave
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