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


To: Cornstock who wrote (41840)1/8/2003 12:52:28 PM
From: Doug R  Read Replies (1) | Respond to of 79230
 
Peg,

The situation has remained the same for months. The Dow is using the ACT as a regression line. Currently the Dow's trying to bounce up after hitting it about 10 mins. ago.
The one thing I'd add is that the 200 dMA is closing in on the ACT has accelerated to the downside recently. If the 200 remains resistance and also goes below the ACT...short everything except mining stocks.

edit:...first attempt to bounce didn't take. It should try again.

Doug R



To: Cornstock who wrote (41840)1/8/2003 7:45:52 PM
From: bdog  Respond to of 79230
 
lol peg.

"I think you been sitting around too long ;o)."

watch those shiny metals...

back in,
bgoldbugeyedog