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


To: ivan solotaroff who wrote (7473)11/11/1997 12:16:00 PM
From: James Strauss  Respond to of 79378
 
ACTM....

>>>Think I've got a PGDCEB on the line here. Awaiting confirmation to start reeling her in.<<<
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Ivan:

Somewhere between 10.00 and 12.25 is where it should bottom... In 1996 it made a nice little double bottom around 12.25 before turning around... That's the first area to look at... If that fails the 10.00 offers the next major support...

Jim



To: ivan solotaroff who wrote (7473)11/11/1997 3:28:00 PM
From: Doug R  Read Replies (2) | Respond to of 79378
 
Ivan,

GEEZ!, sorry I couldn't respond sooner! I've been doing alot of post-seminar work to get ready for the next one and haven't been to the threads until now. ACTM definitely has all the attributes. If you didn't jump on it yet, the next thing it has to do is establish an uptrend by making a low higher than today's low. I'll put it in all my programs and lists for intensive stalking. I'll be using the 3 day RSI to spot the day it makes the next higher low. If anybody is in it, use the trendline trading rules for exit.

Doug R