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: Kim who wrote (23664)	11/29/1998 7:21:00 PM
From: Doug R	Read Replies (1) of 79270

Kim, Ok, I'm back. Now that I've seen a ton of these charts lately and have had the opportunity to take several deep breaths, I have to say that there is little overall experience in the investment community in general with this type of activity. One possibility is that investors who are or will soon be getting into the new launches may hold their shares more tightly after watching the others go from 2 to 20, 30, 40 or 60. That would be cool. BUT, there may also be a ton of longer term holders ready to just sell for what they consider a good profit. We'll see soon enough. IATV has every technical indication that it's going higher for at least part of tomorrow and maybe all of tomorrow but with a 3 dRSI that's been pasted for 5 days and now at a value of 99.9369, it would be very difficult to say that IATV will close up tomorrow. I'll wait for a 3 dRSI trick to signal before I get in. Doug R

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