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 (25457)	1/16/1999 10:41:00 PM
From: Doug R	Read Replies (1) of 79214

Bdog, Getting back to the scan hits: DEMP is very interesting. This thing is very probably a MIMBO. I'll have to check a couple key dates for the lows first. If it is, the high on 12/30 set the Peg line. FSFT...I'd like to see some real monster volume on it. It would be one to watch for that early in the day. HPRT...Way too much selling into that spike on Friday for my liking here. Something's definitely going on though. Watch it closely next week. NCES...likely has more work to do in the trenches before it gets serious. UHCO is already starting to lose the battle of the redrawn uptrend lines and has a lot of downside risk. The chart shows a possible next leg up but the longer it takes to get going, the lower the probability that it will do so gets. Check out MDWY and EATS. With Instock positive on RLLY and EATS now showing up on my radar while some other stocks in the group are MIMBOs has to say something about a definite trend underway in these guys. Doug R

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