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: bdog who wrote (24629)	12/26/1998 11:55:00 AM
From: Doug R	Read Replies (6) of 79230

Bits&bytesdog, Here's a Christmas present (some assembly required) for all the coders out there in 56ville. %K component of the 89, 3, 5 stochastics makes a brief foray over 80. On the pullback below 80 the %K does NOT go lower than 20. Buy signal when %K then returns to 80+. There can be as long as 2 yrs. between trips over 80 as long as 20 holds. Optimal alert would be when %K gets back over 75 or 77 (whichever you prefer). It's better to find them just before that 2nd move over 80. Interpretation would be already built into a scan constructed around these parameters. Doug R

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