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 (24357)	12/19/1998 12:41:00 PM
From: Doug R	Read Replies (1) of 79233

Kim, Another note on MLIN. As I had posted on AKLM when it pulled back from 10 to 8 1/2 and was asked if it was time to bail out; A consolidation after a move most frequently brings a stock's price back into the price range of the previous base before the next move up. With MLIN it only looks more severe since the move was from 4 to 6. The pullback now has accomplished the usual consolidation and MLIN is ready to get moving again. It may take a little longer than AKLM did but with the possibility of a MIMBO working for it, there's good reason to keep MLIN around. Doug R

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