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: Doug R who wrote (22201)	10/19/1998 12:51:00 PM
From: MechanicalMethod	Read Replies (1) of 79270

Doug, I haven't been following ABTE. Just started since it was on your watch list. I like the monthly and weekly charts. Just bought some for fun. Now I'll have to watch it. I like to get the feel of a chart first, but I'm going for the gusto here with my instincts today. Also, I'm big on Due D, and I've not done that in this case. It's all reflected in the chart. It's within a tiny or two of jumping the 50dma. After a hard fall from 20, with a nice base and what looks like a higher bottom on 10/8/98. Just need a higher top now for confirmation. Volume expanding here after being comatose throughout the basing period. If volume returns to the levels of the first pop on 9/10/98, just before that really nice base, it's outa here to 10.62 and if it does ok there it's back to 20. Osci

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