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

To: bruce-l who wrote (32780)	11/24/1999 3:06:00 AM
From: Doug R	Respond to of 79230

Bruce, IFMX: It's entirely possible that the retest occured in one day on 11/5. That day is also an anchor for a possible trend acceleration. The line for that acceleration reaches 9 13/16 tomorrow. If it's a valid acceleration, that line will not be touched again. A dip toward that line that doesn't reach it and turns back up on good volume would be a low entry signal. If itis touched again, you would expect the next line back to be the one to key off. That line is at 8 7/16 tomorrow. Both of those lines are already above the MDTL so I wouldn't wait for a retest of that. The ratio is sure getting interesting here....thanks for the update, Doug R