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

To: Dave H who wrote (9665)	12/27/1997 11:19:00 AM
From: Doug R	Respond to of 79296

Dave, There is also a nice line that runs across the tops of 6/8/89 and 10/12/89 that could also be used as a major downtrend line. The back side of the recent MIM was a 4 month retest of that line. I am inclined to think there will not be a complete retest of the current BO and the gap up is probably a break away gap that won't get filled. Jerry Seinfeld was talking last night about how he wants to retire his sitcom before the fad wears off. He used the example of frozen yogurt shops as an example of how something can go from boom to bust in seemingly no time. He's a pretty funny guy but can he pick stocks? Hmmm. Doug R