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: milesofstyles who wrote (11495)	1/29/1998 2:42:00 AM
From: Doug R	Read Replies (1) of 79270

Milesof, The 1/13---1/20---1/21 uptrend was broken. An uptrend is established using the most current lows. Stocks rarely follow a line on a day to day basis but the current line best describes the supply/demand dynamic that is currently a benchmark to gauge whether or not investor sentiment allows for safety. APM showed that it was a safe buy today. The trendline going forward will say more than any single person. Now there is an acceleration. You have 2 trendlines to use as your personal comfort indicator. First you have to decide what your APM strategy is and stick to it. Doug R

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