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 (16390)	5/6/1998 2:19:00 PM
From: Dave H	Read Replies (2) of 79352

Doug, Just a little more on the sequential --(I can't help but be excited to see how this pans out!) It appears to me that the Dow will perfect the sell sequential (ie have a close below the close 4 days prior) this week -- if the Dow closes below 9063 today, or below 9147 tomorrow, or below 9192 on friday, it will be perfected. The last non-recycled (ie perfected) sell sequential completed on March 10, 1997, which correctly hit the top before the ensuing (minor) correction. And for another take on support levels, the last two TD Setup Trendlines are at 8567 & 8298. The latter would be about 10%, which is what I think you had predicted as the haircut for the S&P 500.... -dave -dave

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