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: Doug R who wrote (11134)	1/23/1998 1:07:00 AM
From: freelyhovering	Read Replies (2) of 79146

Doug--Yep, the old bunch is appearing rejuvenated. And time to start tracking them more closely. Your 13/8/8 instruction has really whetted my appetite for this lovely indicator. For instruction purposes, and I know you would not just look at this indicator, but for the sake of focusing on one thing, what do you say about AMES forming a small Reverse Head and Shoulders in the 13/8/8 during the month of January so far. Does it foretell a move up for the stock? Also, I was looking at the oil service sector stocks, including UTI, RON, WII, KEG, CDG SLB, MDCO etc., and many of them have RH&S or W formations in the 13/8/8. Does that tell us anything about a move up in this sector? Waiting for you to get off of work, Myron

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