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

To: John_W who wrote (9590)	12/23/1997 1:16:00 PM
From: Doug R	Read Replies (4) \| Respond to of 79383

John, RADAF is trying to set up the short-term downtrending dynamic right now. The downtrend set up by the highs on 12/10 and 12/15 is the line that will most likely be used to do that. If that line becomes resistance at any point, the trend will shift to using the high on 12/17 and the high on the day it hits the 12/10-12/15 line. The support I'm watching gets to 13 about 1/12 so there's plenty of time to get a good price. No sense chasing what might look like a rally until it touches base. Doug R