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

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To: SpongeBrain who wrote (25465)1/16/1999 6:26:00 PM
From: Magnatizer  Read Replies (2) of 79326
 
Sponge

Well, there were many TA indicators which could have told you to get out in June - August time frame...

Doug called the top and got out in late June. P&Fers called the top and got out in same time frame.

Magnets showed where the top would likely be on a actual number basis.

You could have used moving average crossovers, 13 day RSI read, P&F charts, long term stochs, market internals, AD lines... The list would be quite long.

If I may offer a suggestion. Instead of asking for what TA would have worked to get you in and out why not take up TA yourself. There are many forms, some easy some complicated. All of them seem to have a certain amount of predictive value if properly applied. Doug gives seminars which are quite eye opening. P&Fers have seminars. John Bollinger gives seminars... And, anyone who has a sponge for a brain is welcome on the 56 thread. We could always use a photographic memory to keep us humble. ;0)

ht
david
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