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

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To: JBH who wrote (13684)3/22/1998 11:24:00 AM
From: Magnatizer  Read Replies (1) of 79469
 
John

Looks like ANLG is entering a basing period. Most short and long term indicators are neutral. My best guess is two weeks of basing before uptrend continues. Since I am using ANLG as a trade I will sell Monday and watch for improved TA in coming weeks. If it were an investment I would hold, watch TA, and at signs of strengthening I would add to position. I would have sold Friday but I was not watching the market as I was on the road.

ht
david
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