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: Ocote who wrote (11396)	1/28/1998 7:30:00 PM
From: Ocote	Read Replies (2) of 79180

Dave H and Doug R: Re Dow RSI 13 The support line hit the resistance line and the breakout is up. Yesterday,the short term resistance "AB" was taken out, today the longterm resistance (from 6/97) was taken out. To my inexperienced eyes it looks like the next stop is the upper Bollinger Band at around 8100 and depending on the behavior at the upper Bollinger Band we'll either be out of this correction and on upward, or back down for another nasty bounce. What do you say? Ocote

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