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

To: bdog who wrote (36327)	7/25/2000 1:24:36 AM
From: Doug R	Read Replies (5) \| Respond to of 79384

Bdog, Ok...so you traveled across the country for the IL/ACT/RR stuff. ADTK recently started its move toward the ACT and even bounced off the IL to allow for a last shot at entry. I went with the "managed" approach and shorted 200 at 45 3/4, 200 more at 47 1/2 and 200 more at 49 15/16. It's been behaving in line with plan so far but it's too late to initiate a short now. Next step will be to go long at the ACT for RR. KEI broke down in a very straightforward IL violator kinda way. It's a beaut. It hit the ACT today and RR should commence forthwith. I'm not long on it yet but as soon as it shows that it has its IL/ACT/RR bearings I will be. DGX is next. It'll behave more like ADTK and likely find false initial support on the IL itself since it's in such drastic violation. With DGX I plan to cover at the IL (currently way down there at 72) just as with ADTK. On the ensuing bounce I'll re-initiate the short. ACT value here is 62 1/2. First anchor for the ACT is 3/28. I have a few other violators on the desk here at the lab. SCOR and GSLI verified their breakdowns today. TRMB is nearing its ACT. AFCO is considering a last-ditch move up to hit the IL as resistance after the initial break back below it. I had Wart run a series of scans last week...heheheh. Hey Wart...what hits on that scan series are we looking at next? gotta love that IL, Doug R PS; and don't underestimate charly's moxie ;-)