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: Dave H who wrote (17806)	5/30/1998 12:17:00 AM
From: Ocote	Read Replies (1) of 79230

Thanks for your read on CNCX and the other ideas. I'm definetely going to have to crack open the DeMark this weekend and head over to your thread. As far as the market in general, the 13 day RSI showed the first peak under 50...sometimes the final straw before the bigger drop, as is the first ROC 13 peak under 0. All intermediate term and long term stochs have broken downward. However, I've never personally experienced a long grinding downturn and that possibility has been mentioned by several on this thread. Keep tuned, as we all learn to improve our read of the situation. One thing is for sure, its better than the one-liner of the day in the media. Ocote

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