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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude
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To: Magnatizer who wrote (21390)9/17/1998 2:42:00 AM
From: bdog  Read Replies (2) of 79432
 
DJ. Thanks for your help with the maggies on HCOM. It is a weird one with a horizontal trendline at 5.

Also the strange recent "failed" mag will produce a mag uptrend at around 5.2 today if implemented. Note that this trend line is another example of the HUGE convergence in this issue.

So I get mags at 2, 4, 4.0625, 4.25, 8.125, and 8.5

I give most credence to 4 and 8.5 and the trend at 5

I agree mag wise this could be bottom.

bmaggotdog
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