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: Doug R who wrote (15461)	4/25/1998 11:28:00 AM
From: ivan solotaroff	Read Replies (2) of 79460

SPX Doug, "Ivan will no doubt find a MEEP on 5/6 at 1009 for the S&P." Uncanny. That's about .05% off from where I saw it. I was using the October and January spike lows to project a descending-triangle apex from your correction. Doug, it's one thing to project the market. Quite another to foresee what my completely bogus personal misinterpretation is going to be. Spooky. Ivan PS: Does this mean MEEP theory is not entirely baseless? PPS: Yo blood, check out this cat named AGP, which 9 flagged me about: It signaled on volume yesterday, but the volume seems to have been one 300K dumper taken on it in mid-day. More perplexing: It seems to have signaled three weeks ago, and done basically nothing with the signal. An eyeball of the chart shows a stock stuck in the $7s. I'm wondering if you'd call it "putting in a lot of work" and get excited about it. Other than those reservations, I have to say it's one of the best-looking signals I've seen in a long time. I love the long flat base, and the gradualness of the descent into the signal--using your former play BMC as a precedent.

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