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: bdog who wrote (18407)	6/11/1998 9:48:00 PM
From: Magnatizer	Read Replies (2) of 79302

bdog sent this to Doug and Miles last night, may be of interest to the thread some magnet work tonight. ACRT: Magnets 9.00, 12.00, 26.00, 27.25... Neutral zones: 10.75, 19 Signal values: 13, 13.625, 18.50, 19.75 Plot these on a chart and see if you get the same feel I do. What I see is there was no magnet support between 26 and 12. Sure there were neutral zones and signal values but nothing substantial like a magnet. Now ACRT is retesting the 12 magnet. Last time it was pretty stiff only failing enough to let the stock go to the neutral zone and it came right back up. What I see out of this is once this area is tested a run at the 18.50-19 area is likely. Nothing to stop it. Also ACRT is setting up to give a new magnet tomorrow which normally gives the stock a few days of gas. In the case of ACRT I don't see it going real far as the 5 day MA < 13 MA. something to chew on ht david

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