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: ivan solotaroff who wrote (17440)	5/22/1998 11:46:00 AM
From: Doug R	Read Replies (2) of 79471

Ivan, 9/16?????? Cut that out!!!! I posted it at 3/16. Anything over 7/16 would be chasing it. The technical target on it is 7 to 8 but when the overall market isn't cooperating, technical targets are tenuous. HTF's are most often news driven formations so the best way to go after one (other than buying at a LOW point in the flag) is to wait for the news. Jumps on no news should be treated with caution. ONTC is back to the low area of the flag again now. This is a reasonable place to consider. Doug R

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