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: Alski who wrote (28663)	4/21/1999 3:45:00 AM
From: Doug R	Read Replies (3) of 79163

Alski, CTSI has my official seal of approval.....market conditions notwithstanding of course. Actually, I expect a rounded top (lower than the last high) on the S&P 500 to reach close to 1340 before the actual correction hits. We've seen the technical break but that still needs to be retested from below. You'll probably see the techno-dunces on the MDA thread start to get confused and try to turn bullish again at that point. That leaves CTSI plenty of room to run. The SMI multiplex is screaming on it here. The scatter shows a solid reset with a strong signal on Tuesday. The technical thingie to watch out for is whether the 89, 3, 5 can get through the crucial value of 80 AND whether the 13, 8, 8 can finish what it's getting ready to do. There may be a few skittish days involved after it moves up some on Wed. Doug R

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