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

To: ACAN who wrote (37777)	12/14/2000 1:33:51 AM
From: Doug R	Respond to of 79450

Allan, NETM will probably need another few days to set up a proper compression. Monday's bar had the look but lower volume and a washout on Tuesday negated it. The bar on Wednesday showed good recovery but volume remained low and the compression was lost since it was a wider ranging bar. I may have mentioned this once or twice before...compression lows show that a large % move is coming. The direction is not as easily discernable as the timing so tight stops are extremely important. Doug R