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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 (9409)	12/18/1997 7:51:00 AM
From: Dave H	Respond to of 79383

ENR -- Yes, the MIM formation is a really cool thing when you find it. Kind of like beating them at their own game! ;) I see the IL between 9 1/4 and 9 3/8 today. Do you want more exact than that? ;) We've caught this one pretty early in the acceleration, so I'd expect a few bounces between the IL and ATL (I like that!). Of course, this is assuming the ATL holds on the retests. Doug, a question about shorting strategies when above the IL -- what would you say is a safe place to cover and go long again? I've already been in and out shorting RADAF 3 times... I get nervous when it doesn't break 17, but then how could I pass up 19(!) yesterday?? Didn't that hit the IL again? based on the ATL for RADAF there's a lot of room left downside but do you think it really will make it down that far? dave