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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 (42169)	4/27/2003 8:37:54 PM
From: Doug R	Respond to of 79281

Allan, One component of TC is that the 4,3,2 has to be moving up when or very shortly after clearance is seen. The 4,3,2 is moving up for tomorrow's clearance. The .95 or 1.05 targets would be appropriate for tomorrow or intraday Tuesday. By the time the Thu/Fri clearance occurs the 4,3,2 could be headed down. Or...if the report is not particularly eventful in either direction...it may back off quickly enough after tomorrow to set up for a kick back up by Thu/Fri. Exit into the .95 to 1.05 move would probably be advisable in order to stalk the end of week TC situation. Doug R