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

To: Theodore Johnson who wrote (9028)	12/9/1997 4:05:00 AM
From: Doug R	Read Replies (1) \| Respond to of 79298

Theo, Twenty, forty, sixty, etc are prices that, for some unknown reason, represent key supply/demand psychological barriers. When a stock has the hutzpah to actually be so bold as to gap above this type of resistance... Of course, Volume is the key (that is, volume relative to the individual stock's history). Check out EQU, NPS, PIR (acting very coy), WBB (duh!!!) and several others listed. The ones that confirm with volume (WBB dammit!) just go to the next level of the same type of psychological price barrier (namely, even numbered decades, 20...40...60...) Doug R PS; The stock market isn't going away for quite a few years. When I get around to the West coast, there will still be stocks going up >>gg<<. PPS; MIMBO is a closely held concept (along with the IL and others). I handed out the PGDCEB as a show of goodwill. I can't go around handing out everyting though.