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: Woody who wrote (19930)	7/27/1998 11:44:00 PM
From: milesofstyles	Read Replies (2) of 79270

woody, look at the 3day for wcap and compare it to ailp or atvi, see if you don't see the difference in what i refer to as static and noise,basically they are one and the same,the signal is just not clean to me on ailp or atvi, and as i stated if you look earlier i believe you can see where ailp actually broke the trendline and failed.(i eyeballed it,so...) today was a beautiful signal for what is known as the early entry. yesterday still in downtrend, downtrendline in tact. today volume and cross of downtrend signifies early entry day. tonite is the actual signal nite.(ps, but i won't chase it;))the best returns will come from the anticipation of the break of the downtrend and jumping in then,when you are confident the trendline is broken intraday. at this point like tonite the signal is given and you can usually expect another nice run for at least part of the following day up to several days. it is not uncommon for these to do 8-20 percent after the actual signal. now if you can add to that by jumping in during trading while anticipating tonites data will defeat the trendline, it improves the return someshortstuffov

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