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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

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To: Doug R who wrote (22733)11/8/1998 10:42:00 PM
From: Magnatizer  Read Replies (1) of 79364
 
Boy, does it seem like we are vollying with posts...

LCOS. Above top trendline. Still has horizontal magnets overhead which could pull it up but would take an incredible amount of strength to get it very far. Going to start tracking for signs of weakness and open a short position. NOT A RECOMMENDATION.

Like to start it around 51.75

Magnets: 43.50 uptrend, 44.125 top uptrend line, 51.75, 56.875 neutral, 62, 76.688 quarter zone

ht
david
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