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

To: RWS who wrote (37428)	11/2/2000 2:17:11 AM
From: Doug R	Respond to of 79564

R, The trick to FIBR isn't in the 3 dRSI (which shows extensive positive divergence) Draw a trendline from the high on 3/6/00 to the high on 7/10/00. Extend it to the present. Then draw a line from the low on 10/18 to the low on 10/26 (that line is the 1st acceleration off the recent bottom). Then look at the SMI scatter (an overlay of the 13,25,2 & the 8,21,13 & the 5,3,5 & the 4,2,3 & the 3,2,1 & the 2,1,2). Nice knee on the 89,3,5 sto about to bust out of oversold with a bit of delayed TC on the 4,3,2 working for it. Trick??? or Treat??? Looks like Treat to me :-) Doug R