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: Magnatizer who wrote (16056)	5/3/1998 5:29:00 PM
From: Doug R	Read Replies (1) of 79383

David, That's one for the long term watch list for sure. You can see how it moves in 4 month cycles. Without going too much in depth, the recent high is the MIM based on the discrete nature of the chart's movements. The high back in Jan 97 would not be a MIM when put against Dec. 96 for that reason. It is definitely shaping up. My next step would now be to go back over the last 3 to 6 months' news releases to get familiar with the fundamental direction. Not that I do fundamentals or anything.<<gg>> Doug R

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