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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude
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To: ivan solotaroff who wrote (14314)4/5/1998 3:54:00 PM
From: Doug R  Read Replies (2) of 79336
 
Ivan,

I'm waiting for AOL to get their database back up so I can do some TA work. Until then I'm stuck with just doing chart analysis. As far as the chart analysis of MMGC goes, it's a signal. I know that's not going to save your fingernails since you already know it's a signal but so far it's all I have.

I have all the IL/ACT stuff worked up for the internet rocket list. I can't get the lines drawn until AOL gets its act together today. I can say that there are 4 from the list with poor IL/ACT definition. This would preclude playing them on the basis of return to the ACT and reciprocal retracement. These 4 are USWB, PSIX, NTKI and DCLK. The rest have good definition. Some are above the IL already. Others aren't there yet. When I get the lines drawn, I'll list those that are above and where they can be expected to correct to.

Doug R
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