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

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To: Cornstock who wrote (27782)3/27/1999 3:59:00 PM
From: Alski  Read Replies (2) of 79227
 
Peg,
MACR chart on it's side? I turned my laptop over to both the left and right sides (but not at the same time <G>). Didn't do a thing for me, except snag a few cables. Either Dougr skipped that chapter in Orlando or I dozed through it.
Anyway, I thought I saw a lower low in late 97 which would have made Oct. the MIMBO and now the PegBO. Oh well, whatever we call it, it seems to have broken just about everything I can draw, except maybe a few optimistic target lines through that high last Jan. :-) Now I'm wondering if there's any special significance to the target line drawn from the low in 5/97 thru the high in 10/97; I can't seem to tell for sure if it's broken that one too, but I think so. Then there's that uptrend thru the lows late Jan 98 that MACR revisited in late Jan 99. A (sloppy) trading range? Geez, lines, lines, everywhere lines. I wish it would just hurry up to 64, before I go cross eyed.
Duh, has anybody gone looking for an IL/ACT combo on this beast yet?
FWIW...Alski
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