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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude
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To: Ocote who wrote (11195)1/24/1998 4:14:00 AM
From: Doug R  Read Replies (4) of 79192
 
Ocote,

"For fun, try your same model on the XAU. Huge breakouts on some gold stocks I've been watching today, many over 10 %. The XAU is in the AOL database. Today the RSI 13 broke up through both an inverted H & S and used the trashed downtrending resistance as support. Wondering whether this may presage a breakdown of the treasury rally and flight to gold. This is my study area over the weekend."

Very impressive and laudible Ocote. The extension of the techniques shared here and in the seminar is where much of my ambition is directed. When I stumbled across SI it seemed to me that it was an incredible opportunity for the establishment of a cooperative effort for the furtherance of technical methodologies I had found to be not only unique and viable but which also provided ample opportunity for others with ambition to expand upon and profit from. I hope the sharing of the results will enable many to create a larger circle of social and financial stability and security around them. I am quite eager to see the results of your efforts as well as the many others on this thread who take the time and put forth the effort in that regard. My intention is to maintain a consistent and focussed process of system refinement, application and teaching through SI and the seminar format that I have developed.

Ok, that's my "state of the thread '98" speech (for those that missed it, I thought the '97 speech was a good one. It's a ways back on the thread and the ideas put forth in it re my personal intentions and motivation continue forward as well),

Doug R
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