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: bazan who wrote (12729)	2/25/1998 12:55:00 PM
From: Doug R	Read Replies (1) of 79313

Miguel, I try to buy when I think a stock is "too damn low" so I bought ACRT. ABTX is working through a descending triangle right now. When a formation is in progress the best thing to do is nothing. A descending triangle is not exactly a positive sign. If it breaks to the downside, alot of people will be selling. A break to the upside will add some technical strength but there would still be alot of work to do before it could return to its former vigor. Doug R

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