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


To: Cindy Powell who wrote (34624)3/19/2000 12:40:00 PM
From: Doug R  Respond to of 79230
 
Ok...now that ANET has gotten over the emotional trauma of being labeled a "winner" >>gg<<, it can move forward on the next bit of necessary technical work.
ANET's 56er MA/MLR has crossed positive. Optimal profile is a period of tight MLR to MA pre-crossover tracking.
ANET has never shown this in previous crossovers and does not show it for the current one either.
There are 2 activities that can "correct" the situation.
One is for the MLR to pull back to the MA after the crossover to set up a period of tight post-crossover tracking.
The other is for the price to put in a hard retest of the 89 dMA.
ANET tends to use the 89 dMA retest. The push to over 18 will resume after the retest is out of the way.

......"winner", either a highly technical term with which I am not familiar or way too much detailed info being conveyed by a single word...sheesh.

Doug R