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

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To: Dave H who wrote (11465)1/28/1998 2:53:00 PM
From: ivan solotaroff  Read Replies (1) of 79557
 
Dave:

Always a pleasure to be of any help to you. I don't think I have much to offer technically, but as I remember from our midnight attempt to follow that phantom Park Lane down 202, we share a novice-like jitters when we get in positions. Sometimes, a little pep talk's all that's needed.
I know this is beginning to look unpleasant on the RSIs, but you can really look at this in different ways: At present rate of slow walk up, this'll still be a hearty one-week gain by Friday's close; b) after a two-day fall off the marginable lists, it's back on, and that could mean more interest; and c) we ARE in the midst of a huge two-day return to the tech-led, merger-crazy bull enthusiasm that's created one and all of us here, and have been since AMLN meowed: A down-day tomorrow could actually make this one puke up a 7 or 8% day.
So, here's hoping all of America suffers so we can make another few shekels.

Ivan
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