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 (13417)	3/16/1998 11:24:00 PM
From: Magnatizer	Read Replies (2) of 79308

Ocote Looks like a breakout of an IHS. I only have data from begin 97. Is this a new company? I would like to have more history on the stock for the long term reads. Sure is a pretty chart. Doug took a look at ADMG from your post #13335. I found the SMI 13 to be very interesting. It appears there are two distinct threshold lines: The lower band at -50.9 acts as a bullish threshold and gives the stock a little gas then the accelerated bullish threshold at -8.17 puts the peddle to the metal. Right now the stock is responding to what I find to be two strong influences. The bullish threshold on the SMI 13 and the 55 day BBs. I am waiting for this baby to consolidate around the accelerated bullish threshold before entering a position if the stock follows its history it will be around 2-3 months. Another note the SMI 144 is setting up just as it did before the last run up. Thanks alot for all of your hard work. I spent an hour or so on just this one chart. I can't even imagine how much work you had to put in to post all of these choice selections. happy trades David

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