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: George R. who wrote (15134)	4/21/1998 7:46:00 PM
From: Doug R	Read Replies (3) of 79284

Ok folks, I just ran MDCD. There's alot going on up toward the very short term indicator ceiling. A possible 3 dRSI trick is in the works. The 3 day MA/MLR just went into "escape mode". To see the 3 dMLR actually cross above the 3 dMA of the highs is quite an infrequent occurrence. If it's a false signal, the stock could gap down at the open but weakness should be temporary. A sell on any strength after that is advisable though. Last Time MDCD did it right the price went from 11 3/4 to 16 1/8 over 4 days in April '96. I can't say history will repeat itself in this case but I expect a good day tomorrow. Doug R

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