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

To: ivan solotaroff who wrote (33059)	12/16/1999 1:37:00 AM
From: Doug R	Read Replies (2) \| Respond to of 79230

Ivan, INTU might be a HTF. It's base since doubling falls a bit outside the normally loosened restriction on how tight I consider a flag may be. Also, a rounded top kind of look to it in the last couple weeks would make me cautious. HOWT falls just within what I'd consider a HTF while Mike C2's API is along the more classic lines. Then there was JNKN which went from 1 1/4 to 2 1/2 in a couple days, put in a decently tight flag and jumped to 5. Now it's got another decently tight flag. A repeat of the first HTF completion is not as reliable the second time around but it also bears watching. As far as an IL/ACT being more likely to inhabit a HTF chart...not as far as I've noticed. The flagpole usually comes out of activity that does not allow for an ACT to be laid in. Doug R