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

To: jsavage who wrote (40244)12/4/2001 12:07:12 AM
From: Doug R  Read Replies (2) | Respond to of 79201
 
Jeff,

LB and the MDTL:

Draw that line from the 6/5/96 high to the 6/12/01 high (the MDTL). LB sat right on it on Thu, Fri and today. The move off the line is going to require good volume now but I'd say it's time for 1/4 entry. Watch the 8 dMA/MLR for a crossover. If it fails the xover then exit and wait for this MDTL retest to try again.

Thanks for the reminder,
Doug R
PS; PETM is sitting on a Pegline break here.


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