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

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To: Alski who wrote (26559)3/6/1999 12:47:00 PM
From: Doug R  Read Replies (2) of 79230
 
Alski,

CPLY:

Still watching? The short term stochs may get out of the recent garbage bottom soon. MFI is building. After the BB's get tight like they have been, there's often a bit of a price "washout" which gets the upper band moving up. That allows BB room for an upswing. CPLY may have just put in that washout move.

Doug R
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