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


To: Doug R who wrote (7134)11/5/1997 12:37:00 PM
From: BWnDallas  Read Replies (1) | Respond to of 79298
 
Doug: I too am interested in the December seminar and have tried to email you a request for info directly. I have been having problems with my mail so I am wasting your time and space here with a duplicate request.

Thanks

BW



To: Doug R who wrote (7134)11/5/1997 12:46:00 PM
From: BWnDallas  Read Replies (2) | Respond to of 79298
 
Doug: You are amazing. You said MVSI was going back to 8 in 2 days 2 days ago and it did. You asked Ben to alert you when it did. Well it just hit 8 again. Any ideas what is next for MVSI?

Thanks

BW



To: Doug R who wrote (7134)11/5/1997 1:05:00 PM
From: Bob&Carolyn  Respond to of 79298
 
Doug,
Any plans to bring your wisdom to the west coast sometime soon?
Also, thanks for the TSSW comments, I've been watching it too.

Carolyn



To: Doug R who wrote (7134)11/6/1997 12:43:00 AM
From: Bob&Carolyn  Read Replies (2) | Respond to of 79298
 
TSSW Doug, You said:

>> TSSW needs to get over 4 1/2 - 4 3/4 then show a good follow through on volume. It's got a shot at it but the resistance it has to break is going to be tough. The technicals are already reacting to it
and it may take more than one try to do it. Since it's downtrending resistance, the breakout price will get lower as time goes by. <<

I really appreciate the knowledge you share with comments like this. And I'm trying to learn from them. Wish I could join all of you in Annapolis this weekend. But until I can, would you mind answering a couple questions....

I've been watching TSSW and would like to understand this better. I believe I understand where the 4 1/2-4 3/4 comes from, i.e. the recent high which is at/near the all time high, right? I printed a 180 day chart from IQ Net and drew two lines... a down trend from the recent high to Monday's 4.0. Then an uptrend line from the low at what appears to be Aug. 26 thru the low on about Oct. 1 (ignoring last week's weirdness). They form a triangle with apex just above 3.0 next week. Are these lines valid/correct?

Can the down-trending resistance you spoke of be seen (drawn) on this chart which includes bollinger, stochastics, volume and RSI? I can't identify it. Likewise, can the reactions in the technicals be seen with these?

TIA,
Carolyn