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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 (9738)	12/29/1997 8:19:00 AM
From: ivan solotaroff	Read Replies (1) \| Respond to of 79377

Dave, "are the rules that it has to make a new low first?" Yes, that's the rule. It also has to do so with volume significantly higher than the preceeding three days. As you'll see from my correspondence with Esteban, I'm a real stickler for rules when it comes to PGDCEBs. The reason is simple: When dealing with falling knives, don't pluck around. " if so, from what date do you start from?" Not sure what you mean. You're certainly looking for a lower low than the gap day. Whether you want an all-time low ... well, that's an interesting question. Ivan