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: JBH who wrote (16015)	5/3/1998 3:26:00 PM
From: Doug R	Read Replies (2) of 79383

John, As far as a by the book read on the chart goes, DOSE is very risky here. The triple top is a great place to stalk but between those tops is a double bottom that so far has failed to hold. Certain indicators, as you have seen, hint at a couple points if volume kicks in on any upticks but there is a downside to 11. I'd wait for either a break above the triple top or for a bottom formation put in at 11 to take any action on it. ABTE: Flat out, I'd say sell into any strength on Mon. If it gaps down at the open, act fast. It'll be a buy again at another time. This is only how I see it. Whatever you do is up to you of course. Doug R

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