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: MikeD who wrote (15613)	4/27/1998 3:23:00 PM
From: ivan solotaroff	Read Replies (1) of 79308

RMHT MikeD: Don't have much to say about this one. It's a fake cat (insufficient gap-down) that is currently following a fake signal from April 15 (didn't hit bottom and didn't have volume). Happens all the time. No volume today? Probably because the market at large is down 200 points. Do you own it or something? If so, and you're looking for an exit or some such: an eyeball of the chart says it still might have a ways to go. Once it gets there, theory says you take your loss (or profit) and be happy the damage was minimized (profits were engrossed). Hope that helps. Ivan

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