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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?

To: Gene S who wrote (30739)	7/5/1999 6:16:00 PM
From: Doug R	Read Replies (1) \| Respond to of 79230

Gene, FLEX ascending triangle: It's time to start stalking it for a breakout alright. Many ATs break out about 2/3 to 3/4 of the way to the apex. As usual, volume is now the key element. Doug R

To: Gene S who wrote (30739)	7/5/1999 11:33:00 PM
From: Doug R	Read Replies (1) \| Respond to of 79230

Gene, To get some more familiarity with MIMBOs beyond the manual you can check these out. Last week produced quite a few Peg line breakouts on them. All are post BO and still headed toward the target. Volume is somewhat questionable on some. MATH is still in retest mode with a hint that an attempt to start a move off the line on volume may get going here. CUBE looks solid and is in the initial move to the first Peg line. TACO is in the manual. It had a good week. TRR and IAAI have been hiking along on low volume but are doing well. You should check out the others too. It'll give you a better idea as to the time frame the formation focuses on and the type of overall movement during that time which can be expected. If you do as well with MIMBOs as you have been doing on the IL/ACT, you should have it down in no time. I have to get the time to go over the portfolio and weed out the 89, 3, 5 failures if any. A few have been looking somewhat weak. An 89, 3 %K on the daily that drops under 20 is grounds for removal. I suppose I should also take a look at my portfolio of MIMs. It's been a couple months of incubation since the last time. So far the only one to graduate with a BO has been DIAN. I expect there may be others soon. Doug R