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

To: jolox who wrote (37019)	9/17/2000 7:32:01 PM
From: Doug R	Respond to of 79438

sb, EXBT is the only one of the 3 with a MIM seen on a chart of monthly closes so it's the only one with a MDTL. Usual expectation here would be for a retest of the MDTL. The buy signal will come on a high volume move off the retest. It would be nice to see a retest but the way EXBT appears to be moving that may not happen. It would then be best to go to Pegline entry management and, of course, setting appropriate uptrend line based stops. AND doesn't really have an obvious MIM to it but I can't rule it out. ARTI monthly shows no MIM. VSNT has a MIM alright. Previous reference high was back in 10/97. The MDTL is still well above current price so a move just to the MDTL would make for a good trade. The problem for entry here is that last Monday's high hit a target line that starts from the low on 5/26. That line will need to get taken out before VSNT can verify that it has a chance at sustaining an uptrend. Doug R