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: bruce-l who wrote (21559)	9/22/1998 2:20:00 AM
From: Doug R	Read Replies (1) of 79281

Bruce, TNSI: Excellent written portrayal of the indicators referenced!! The 233, 21, 34 is just crossing up. That period is best used as a measure of building strength in that range. Crossovers above 75 are better suited to timing. A crossover at the current value normally closely precedes a price pullback. The pullback is very important insofar as the shorter term profile will more readily confirm continuation. I'm sure you're aware that a 3 dRSI trick is on the way. The overall short term profile supports the efficacy of that pattern at this time. The cadence of the 89 dMA/MLR suggests a strong move off the trick signal will precede a rather impressive trend over the next several weeks. Damn Bruce...you're good. Doug R

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